A quite significant signing at arguably a rather insignificant ceremony.
Moscow and Warsaw have finally sealed a new agreement to transit natural gas from Russia via Polish territory. The deal, replaces one that expired earlier this month, and will see deliveries increase to more than 10 billion cubic metres of gas a year until at least 2022.
It must still be approved by Brussels, however. Earlier this month the commission demanded Warsaw renegotiate its initial agreement after it broke the bloc’s energy rules. It claimed Warsaw had failed to allow third party companies based in the EU, but outside Poland, to have access to the Yamal pipeline.
Around 40 percent of Poland’s gas needs come from Russia. A key transit route to the rest of Western Europe those supplies should now be guaranteed for the foreseeable future and could be prolonged until 2045.