Morawiecki: We have 'understanding' with the US on LNG exports

Poland's Deputy PM Mateusz Morawiecki, said after his meeting with the US Energy Secretary Rick Perry, that both sides will work on a deal to export US LNG to Poland. “The word agreement is probably premature. Understanding? Absolutely,” Morawiecki said during his visit to the US. Poland would like to import US LNG to its terminal in Świnoujście in order to cut imports from Russia. But first it needs to clear legal hurdles as US federal law requires the Department of Energy to grant export authorizations to the countries which do not have a free trade agreement with the US. Then the matter of the price need to be settled. “The average price is lower than what we can obtain from Texas, from the US. A little way to go, but I hope we will find a common denominator,” Morawiecki said.