Natural gas from the U.S. is flooding Polish markets as the European country seeks to loosen Russia’s grip on its energy security, The New York Times reports.
Russia supplies roughly half of Poland’s fuel, but long-term contracts with American companies signed by Poland’s state-owned gas giant PGNiG could displace all of Russia’s supply. U.S.-based companies Cheniere Energy, Venture Global LNG and Sempra Energy have all signed agreements with Poland in the last six months.
“The strategy of the company is just to forget about Eastern suppliers and especially about Gazprom,” PGNiG President Piotr Wozniak told The NYT. (RELATED: US Will Ship Gas To Poland For Next 24 Years)
Gazprom is Russia’s state-controlled gas company. Gazprom and Europe have a decades-long history of disputes over fuel supply and prices that have caused fuel shortages in many countries across the continent.