Work starts on PGNiG-chartered LNG carrier

Poland’s dominant gas firm and LNG importer PGNiG said work has started on the first out of four LNG carriers it has chartered from Norway’s Knutsen.

To mark the occasion, South Korea’s Hyundai Heavy Industries held a steel-cutting ceremony on August 30 for hull No 3243, according to PGNiG.

This vessel is the first of two 174,000-cbm LNG carriers which will enter service in 2023.

PGNiG and Knutsen signed a charter deal for these two carriers in November last year.

Subsequently, the duo entered into a new chartering contract in July this year for two additional vessels. These LNG ships will start serving PGNiG in the first half of 2024.

Both contracts stipulate that the shipowner will be responsible for the delivery, manning and maintenance of the LNG vessels. PGNiG Supply & Trading will control their commercial operations.

PGNiG said it plans to use these four LNG carriers primarily to transport contracted volumes from US liquefaction facilities.

The firm has recently signed a new supply deal with US liquefaction plant developer Venture Global LNG.

As a result, PGNiG’s contracted volume from Venture Global LNG will increase to 5.5 million mt or 7.4 bcm of gas per year.

Most Popular

BP takes FID on Ginger gas project in Trinidad and Tobago

UK-based energy giant BP has taken the final investment decision on the Ginger gas development offshore Trinidad and Tobago.

Glenfarne becomes majority owner of Alaska LNG

US energy firm Glenfarne has signed definitive agreements with state-owned Alaska Gasline Development Corporation to become the majority owner of the giant Alaska LNG export project.

Japan’s Tokyo Gas to expand LNG trading business

Japan’s city gas supplier and LNG importer, Tokyo Gas, plans to expand its liquefied natural gas trading business further, including in the US.

More News Like This

Knutsen, Orlen name LNG carrier duo in South Korea

Norway’s Knutsen and Poland’s Orlen named two newbuild liquefied natural gas (LNG) carriers in South Korea.

Orlen to supply US LNG cargo to Ukraine’s Naftogaz

Poland's Orlen will supply a US liquefied natural gas (LNG) cargo to Ukraine's Naftogaz, the second shipment as part of a recently signed deal.

Orlen to supply LNG cargo to Ukraine via Lithuanian FSRU

Poland's Orlen has signed a deal with Ukraine's Naftogaz to supply the latter with one liquefied natural gas (LNG) cargo via the FSRU-based terminal in Lithuania's Klaipeda.

HD Hyundai Heavy lays keel for Excelerate’s FSRU

South Korean shipbuilder HD Hyundai Heavy Industries has laid the keel for Excelerate Energy's new floating storage and regasification...