Kulczyk to trade energy with Ukraine?
16:49
Poland's richest man, Jan Kulczyk is willing to export coal and gas to the Eastern markets and import electricity from Chmielnicki power plant in Ukraine, Rzeczpospolita reports. This would be the first significant energy bridge since the fall of Soviet Union.
According to the agreement between Jan Kulczyk and Energoatom, one of the Kulczyk’s companies - Polenergia would buy cheap energy from Chmielnicki plant and distribute it to Europe, where demand is increasing.
Kulczyk believes that Ukraine has got 40 percent of surplus of energy production. In his opinion, providing energy supply to the Western Europe might be a great opportunity for the EU, where energy prices are 2.5 times higher than in the US.
As for now, the only bride connecting the EU and Ukraine is the one in Poland, Rzeszów-Chmielnicki interconnector, but it was shut down in 1993.
Energoatom is Ukrainian nuclear power plants operator.
