security | Institute of Central Europe

Baltic Team

IEŚ Commentaries 458

Michał Paszkowski - Baltic Team

Orlen Lietuva: new refinery installations crucial to improve efficiency

Mažeikiai refinery in Lithuania, owned by ORLEN Lietuva (a PKN ORLEN S.A. subsidiary), is the only plant of its kind operating in the Baltic States. Oil products are exported both to neighbouring countries and to international markets through oil terminals at the Baltic Sea. Due to the tough market conditions, logistical problems, and the Lithuanian climate policy, the plant...

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Baltic Team, Visegrad Team

IEŚ Commentaries 455

Dominik Héjj - Baltic Team, Visegrad Team

Consistent increase in Hungary’s energy dependence on Russia

On September 27, 2021, Hungary signed a new natural gas supply contract with Russia, which would de-facto prevent the import of this commodity from any other location. The signing of the agreement is part of a consistent policy of the Viktor Orbán government, which is based on closer cooperation with Russia. The suggested alternatives (e.g., supplies from Azerbaijan) have so far...

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Baltic Team, Visegrad Team

Fot. KIES-450_Rozpoczęcie budowy połaczenia gazowego Polska-Słowacja

IEŚ Commentaries 450

Łukasz Lewkowicz - Baltic Team, Visegrad Team

Slovakia: price crisis and possible problems with access to natural gas

Currently, a significant challenge facing Slovakia is the rapidly growing prices of energy commodities, including natural gas. This problem affects not only large enterprises, but also individual clients. In addition to rising prices, the low level of filling of natural gas storage facilities is also worrying. Russia’s steps to reduce gas transport via Ukraine also directly...

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Baltic Team

Komentarze IEŚ 434

Michał Paszkowski - Baltic Team

Winter is coming. Central European countries and their preparations for the increased natural gas demand

In Central European countries (as in other parts of the continent), the level of natural gas stored in underground gas storage (UGS) facilities before the coming autumn-winter period is low. This situation is a consequence of the limited availability of this commodity. Market conditions are not very favourable, and if such a situation continues in coming months, problems with the...

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