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 agreements with the Port of Gdansk Authority and the Maritime Office in Gdynia follow letter of intents signed back in 2020, Gaz-System said in a statement.

Gaz-System said the finalization of these deals is “key for the project schedule” of the first FSRU-based terminal in Poland.

The parties committed to cooperate and support one another, coordinate processes of key importance for the project as a whole, and provide up-to-date information on the project preparation and progress, it said.

Gaz-System said the agreement with the Maritime Office in Gdynia provides for cooperation in dividing investment works during design and construction stages.

Under the deal, Gaz-System will be responsible for the construction of infrastructure necessary to operate the FSRU terminal, including hydrotechnical infrastructure, a 3km long offshore gas pipeline which will connect the FSRU with the national transmission system, and onshore gas pipelines long about 250 km.

On the other hand, the Maritime Office in Gdynia is responsible for the construction of breakwater approach fairway to the lane connecting the northern tip of the south-eastern breakwater of Port Polnocny and the western tip of the planned FSRU breakwater, turning basin, and aids to navigation associated with the access infrastructure.

Currently, the maritime office is carrying out design work for the breakwater structure and the navigation system, while Gaz-System is designing the offshore gas pipeline, which will be connected to the onshore pipelines.

Also, the onshore gas pipelines already hold a complete set of construction permits, while tender procedures for the selection of construction work contractors are in progress, Gaz-System said.

As per the agreement with the Port of Gdansk Authority, the latter will manage the port infrastructure and its development, and will play a supporting role during the design, preparatory, and implementation stages of the project, Gaz-System said.

Two FSRUs

Poland’s Orlen has booked 6.1 bcm per year of regasification capacity at Gaz-System’s planned FSRU-based LNG import facility in Gdansk.

Orlen is already in charge for all of the supplies coming to Gaz System’s LNG import terminal in Swinoujscie, Poland’s first such facility, via PGNiG.

The firm completed in November last year its merger with Poland’s dominant gas firm, PGNiG.

Gaz-System plans to launch the FSRU-based project, backed by the EU, on January 1, 2028.

Besides this FSRU, the company in July launched a binding season for capacity bookings at the planned second FSRU as part of the LNG import project in Gdansk Bay.

The first FSRU will have a capacity of 6.1 bcm, while the second unit will have a capacity of 4.5 bcm per year.

Most Popular

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

US LNG firm NextDecade and compatriot Bechtel have finalized EPC contracts worth $9.09 billion for the construction of the fourth and fifth trains and related infrastructure at the Rio Grande LNG facility in Texas.

Atlantic LNG shipping rates jump to $49,750 per day

Atlantic spot LNG shipping rates rose to $49,750 per day this week, while European prices also jumped compared to the previous week.

More News Like This

Poland’s Gaz-System gets loan for Gdansk FSRU project

Poland’s state-owned LNG terminal operator Gaz-System has received a loan from state development bank BGK for the onshore part of the FSRU-based LNG import project in Gdansk Bay.

Knutsen, Orlen take delivery of sixth LNG carrier

Norway’s Knutsen has taken delivery of the last LNG carrier in a series of six sister vessels chartered to Poland's Orlen.

Orlen to supply another US LNG cargo to Ukraine’s Naftogaz

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

Poland’s Gaz-System awards Gdansk FSRU contract

Poland’s state-owned LNG terminal operator Gaz-System has awarded a contract for the construction of a jetty and an offshore gas pipeline as part of the FSRU-based LNG import project in Gdansk Bay.