PGNiG books more regas capacity at Polish LNG terminal

Poland’s state-owned gas company PGNiG has secured additional regasification capacity at the country’s sole liquefied natural gas terminal in the port of Swinoujscie.

The company said in a statement it booked 8.3 billion cubic meters of regasification capacity at the LNG terminal from 2024 to 2040.

The Polish gas firm also booked 6.2 billion cubic meters of regasification capacity in 2022–2023 as part of a tender organized by terminal operator Polskie LNG, a unit of Gaz-System.

The two companies are yet to sign the relevant deals.

PGNiG, which is responsible for all the supplies coming to the LNG import facility, currently has about 5 billion cubic meters booked capacity up to 2022.

The company says the new regasification capacity will boost its plans to diversify gas imports and expand its trading activities on the gas market in Central and Eastern Europe.

The new capacity allocation process is tied to the expansion project that will increase the current regasification capacity of the Swinoujscie LNG terminal by 50 per cent.

Poland has significantly increased LNG purchases via its terminal in Swinoujscie following PGNiG deals with Qatargas and US player Cheniere.

The move is a part of reducing the country’s decades-old reliance on Russian pipeline gas but also cutting dependence on coal.

Last year, PGNiG brought 3.43 bcm of LNG into Poland, over one-fourth more than a year earlier.

The gas company received 0.98 bcm of LNG in the first quarter of this year, up 34 per cent when compared to the same period in 2019.

Additional Polish LNG developments

The Swinoujscie terminal expansion is not the only LNG import development in Poland.

There are also plans to install a floating storage regasification unit in the Gdansk Bay and a development aimed at building a small-scale facility in the coastal city.

A consortium consisting of Polish energy company Lotos Group and compatriot gas grid operator Gaz-System announced plans last week to build the small-scale facility in Gdansk.

The terminal would be the first such facility in Poland, which could help increase the use of LNG as a fuel in both maritime and road transport.

- Advertisements -

Most Popular

Report: Egypt’s EGAS charters Hoegh LNG’s FSRU

The Egyptian Natural Gas Holding Company (EGAS) has chartered Hoegh LNG's floating storage regasification and storage unit, Hoegh Galleon,...

Equinor says nobody injured after leak at Hammerfest LNG

Norway’s Equinor has confirmed that there were no injuries following a hydrocarbon leak at its 4.3 mtpa Hammerfest LNG...

Glenfarne’s Texas LNG inks new deal with EQT

US natural gas producer EQT has entered into a second heads of agreement for liquefaction services from Texas LNG’s...

More News Like This

Poland’s Gaz-System picks MOL to provide Gdansk FSRU

Poland's Gaz-System has selected Japan's MOL as the preferred shipowner to time charter out a floating storage and regasification...

Orlen: Polish LNG imports continue to rise

Poland’s LNG imports via the Swinoujscie terminal rose almost 6 percent in 2023 compared to the year before, boosted...

BW LNG, MOL shortlisted to provide Poland’s first FSRU

Oslo-based BW LNG, a unit of Singapore's BW, and Japan's MOL have been shortlisted by Gaz-System to provide Poland's...

Gaz-System signs Gdansk FSRU deals

Poland’s Gaz-System has finalized two deals related to the development of its FSRU-based LNG import project in Gdansk Bay. The...