Poland inaugurated a liquefied natural gas (LNG) terminal on Saturday, designed to boost an alternative to Russian energy supplies in the Baltic region. The political narrative is highly attractive, although in the short run the project could mean higher energy prices.

President Andrzej Duda hailed the project as a “visionary” step towards reinforcing sovereignty. The project will see hundreds of thousands of tonnes of liquefied gas, from suppliers such as Qatar, Australia, and Norway, regasi...

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