Poland counts the cost of turning down Russian gas taps

FINANCIAL TIMES đź”’| Polish energy relations with Russia have been difficult for many years, with Warsaw keen to diversify away from its eastern neighbour.

Poland’s energy decision makers may be close to achieving their goal, but they are also learning the hard way that free markets are a double-edged sword.

On May 26, westward flows of natural gas via the Europol pipeline, one of the main transit routes for Russian gas to Europe via Poland, came to a complete halt for a day only to restart at much more volatile levels.

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