Buzek to sign $11 billion gas import deal with Norway
During a visit to Norway in early September, Prime Minister Jerzy Buzek is
to sign a contract for the supply of five billion cubic meters of gas
annually over a period of 20 years. Reports in the Norwegian media estimate
the total value of the contract at $11 billion. The Polish government has
been trying for the past two years to finalize a gas import deal with
Norway, going so far on several occasions as to set a date for a contract to
be signed. However, it seems certain that an agreement will finally be
concluded in Oslo on September 3. "The negotiations are very advanced, and
most of the issues have already been resolved," Polish negotiators are
quoted as saying. The first supplies of Norwegian gas are expected to reach
Poland in 2007. (Rzeczpospolita, p. B1) A.K.