The end of Poland as oil-gas transit country?
As a consequence, Poland will suffer substantial political and financial losses. Earnings from transit fees will drastically fall and Polish refineries will have to buy oil transported by tankers which will be much more expensive. It is estimated that PKN Orlen and Lotos will have to spend USD 190-200 million per year more on oil, a cost which will be passed onto consumers. Currently two important pipelines run through Poland, the Jamal pipeline, which carries gas, and the Friendship pipeline transporting oil. Poland and Germany receive 30% of their gas and 90% of their oil through these pipelines. In 3-4 years time both pipelines will lose their importance. Russia will limit their use or even close them in order to free itself from dependence on transit countries. Russia is so determined that it does not care about the costs. Building a new pipeline under Baltic Sea will cost EUR 6 billion. (Rzeczpospolita p. B1) M.M.