Has Poland's Energy Diversification Drive Paid Off?
Source: Argus. Looking at the monthly volume split of Russian pipeline exports to Poland, one can notice that the decrease is certainly there, however it can hardly be called drastic – compared to 312kbpd in 2017, the annual average last year stood at 285kbpd. In between those years quite a lot happened, among others the 2019 organic chloride contamination story that has blocked all transportation on the northern section of the Druzhba for a couple of months, as well as the 2020 OPEC+ revamp that has seen Urals surge to historically unprecedented premia. The most recent development, however...
Source: oilprice.com