The first cargo of the US LNG arrives in Poland

LNG Terminal, Świnoujście, Poland (Radosław Drożdżewski (Zwiadowca21), CC BY-SA 4.0)

EC gives Croatia green light for Schengen membership

Estonian Regional Jet turnover up 80 per cent y/y

Poland

The first cargo of liquified natural gas (LNG), based on a contract between Poland’s state-owned oil&gas company, PGNiG and the US LNG provider Cheniere Energy, arrived in Poland’s LNG Terminal in Świnoujście.

In November 2018, PGNiG signed a long-term agreement to buy LNG from the United States as part of country’s strategy to reduce dependence on Russian deliveries. Poland expects to import nearly 40 billion cubic meters of American LNG in 24 years, PAP Agency informed.

“It is a historic moment for Polish-American economic relations and a confirmation of close allied ties between our countries,” Polish President Andrzej Duda commented.

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Croatia

Zagreb has received information from the European Commission that has met all technical requirements for accession to the Schengen area, Večernji List newspaper wrote. An official confirmation of Croatia’s readiness is expected in the second half of September, after holiday.

Prime Minister Andrej Plenković wanted to join Schengen area by 2020, when the country assumes the rotating six-month presidency of the EU. “The free movement of people would benefit the economy, especially tourism which accounts for almost 20 per cent of Croatia’s GDP,” Terezija Gras, state secretary in the Interior Ministry, told Reuters.

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Estonia

Estonian carrier, Regional Jet, owned by the Estonian Nordica and Polish LOT, increase its turnover by 80 per cent y/y to EUR68m, company informed. “We are now above our critical mass in terms of fleet size, which makes us a very competitive, flexible and sustainable regional airline,” Regional Jet CEO Jan Palmér said.

The carrier also announced the purchase of new aircraft in the coming year: four ATR72’s, seven CRJ900’s and new Embraer-190/195.

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What’s up in indexes

BET (of Bucharest) decreased from 8965.38 index points Thursday, July 25th to 8961.38 index points Friday, July 26th. It’s down 0.08 per cent d/d and up 11.8 per cent y/y.

BUX (of Budapest) decreased from 41354.00 index points Thursday, July 25th to 40965.48 index points Friday, July 26th. It’s down 0.94 per cent d/d and up 15.0 per cent y/y.

OMXR (of Riga) decreased from 1033.67 index points Thursday, July 25th to 1032.21 index points Friday, July 26th. It’s down 0.14 per cent d/d and up 2.16 per cent y/y.

OMXT (of Tallinn) decreased from 1270.61 index points Thursday, July 25th to 1268.34 index points Friday, July 26th. It’s down 0.18 per cent d/d and up 0.75 per cent y/y.

OMXV (of Vilnius) increased from 688.25 index points Thursday, July 25th to 688.69 index points Friday, July 26th. It’s up 0.06 per cent d/d and down 3.74 per cent y/y.

PX (of Prague) decreased from 1074.02 index points Thursday, July 25th to 1070.58 index points Friday, July 26th. It’s down 0.32 per cent d/d and down 2.04 per cent y/y.

RTS (of Moscow) increased from 1346.91 index points Thursday, July 25th to 1348.30 index points Friday, July 26th. It’s up 0.10 per cent d/d and up 17.4 per cent y/y.

SAX (of Bratislava) decreased from 340.53 index points Thursday, July 25th to 333.32 index points Friday, July 26th. It’s down 2.12 per cent d/d and up 1.74 per cent y/y.

SOFIX (of Sofia) increased from 580.00 index points Thursday, July 25th to 584.03 index points Friday, July 26th. It’s up 0.59 per cent d/d and down 8.09 per cent y/y.

UX (of Kyiv) closed at 1587.52 index points Friday, July 26th. It’s the same result as Thursday’s. It’s 0 per cent change d/d and down 1.97 per cent y/y.

WIG20 (of Warsaw) decreased from 2310.31 index points Thursday, July 25th to 2305.79 index points Friday, July 26th. It’s down 0.20 per cent d/d and up 0.05 per cent y/y.

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