The Polish-Russian natural gas agreement that will soon be ratified by governments is beneficial for Poland as it guarantees the stability of supplies, Prime Minister Donald Tusk said Friday.
"We are in the final stages of approving the agreement with Russia that is beneficial and makes Poland secure when it comes to gas deliveries," Tusk said at the start of a government conference celebrating the recent second anniversary of his cabinet.
Tusk added the government has also advanced plans to build a liquefied natural gas, or LNG, terminal on the Baltic Coast to make Poland less depend on Russian gas deliveries.
He also said that Polish gas monopoly PGNiG (PGN.WA) has launched projects that will increase gas-storage capacities and gas production in cooperation with foreign partners.