Politicians move to secure Yemen oil contracts

Currently Russia provides 90% of oil and over 50% of gas, to reduce this reliance PGNiG is preparing to build a terminal in Swinoujscie worth EUR 300 million. Without resources this investment is useless. Politicians are now trying to drum up new contracts, an immensely important endeavor, particularly considering recent attempts to gain new contacts for liquefied gas from Algeria have been fruitless. Poland will need liquefied gas in 2010-2011 but it is not confirmed whether Yemen will be able to increase production and ship to Poland. Yemen is an interesting location for companies such as Orlen and Lotos as it has large oil deposits and no contracts with the Polish firms. Meanwhile Orlen's biggest rival in Europe OMV has already launched extraction processes in Yemen. (Rzeczpospolita, April 14-15, p.B2) M.M.