Gazprom Says U.S. LNG Is No Panacea as Poland Shuns Russian Gas

  • Poland can’t replace all Russian gas with LNG, Gazprom says
  • Says U.S. fuel avoiding Europe due to relatively low prices
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Poland will struggle to replace all the natural gas it gets from Russia’s Gazprom PJSC, including with U.S. supplies, as it bids to lower dependence on its eastern neighbor, according to the Moscow-based company.

“Of course, everybody is free to choose how to purchase his gas and to ensure the competitiveness of his economy," Gazprom Deputy Chief Executive Officer Alexander Medvedev told reporters in Moscow Tuesday. “There is a well-known fairy-tale about an old woman who asked a golden fish to turn her into a Sea Empress but in the end she found herself back with her broken washtub in front of her," he said, referring to a story by Alexander Pushkin.