Gaz-System to launch binding season for additional Gdansk FSRU terminal capacity

Poland’s Gaz-System plans to launch a binding season in the second quarter for additional capacity at the planned FSRU-based LNG import project in Gdansk Bay following a successful non-binding market test.

Last month, Gaz-System launched the non-binding season for the FSRU-based project as it looks to add about 4.5 bcm of annual regasification capacity to the already planned capacity of 6.1 bcm per year.

Gaz System said in a statement last week that the market screening procedure took place from March 6 to March 20.

The firm assessed both the demand for additional regasification capacity and the interest in export of regasified LNG towards Slovakia, Lithuania, Denmark, Germany, as well as the Czech Republic and Ukraine, it said.

“The evaluation of the questionnaires submitted during the procedure and the indicated non-binding level of demand confirms the market’s interest in the increased regasification capacity of the FSRU terminal, as well as in the export of regasified LNG in the region, and provides a basis for further analysis by the operator,” it said.

Gaz-System added that it plans to launch the binding open season during the second quarter of this year.

Gaz-System to launch binding season for additional Gdansk FSRU terminal capacity
Image: Gaz-System

LNG imports rising

The firm already operates Poland’s first LNG import terminal in Swinoujscie, while the country’s dominant gas firm PGNiG, now part of PKN Orlen, is in charge for all the supplies.

Poland’s LNG imports via the Swinoujscie terminal rose 57 percent in 2022 when compared to the year before, boosted by shipments from the US.

The Gdansk project would be the second LNG import terminal in Poland and the first FSRU-based facility in the country.

Following a binding season launched in 2021, PGNiG also showed interest to book capacity in this LNG terminal in Gdansk Bay.

Earlier this year, Gaz-System also provided an update regarding both the onshore and offshore parts of the project.

Most Popular

Venture Global’s Plaquemines LNG to commission fourth tank

US LNG exporter Venture Global LNG has received approval from the US FERC to commission the fourth storage tank with LNG at its Plaquemines plant in Louisiana.

Worley gets full notice to proceed on first phase of CP2 LNG project

Australian engineering firm Worley has received a full notice to proceed from US LNG exporter Venture Global LNG under its reimbursable EPC contract for the first phase of the CP2 LNG project in Louisiana.

US FERC issues final SEIS for NextDecade’s Rio Grande LNG project

The US Federal Energy Regulatory Commission (FERC) has released a final supplemental environmental impact statement for NextDecade's Rio Grande LNG facility and the accompanying pipeline in Texas. FERC continues to conclude that approval of the projects would result in "less than significant impacts."

More News Like This

HD Hyundai Heavy kicks off work on Gdansk FSRU

South Korean shipbuilder HD Hyundai Heavy Industries has officially started building MOL's floating storage and regasification unit (FSRU), which will serve Gaz-System's Gdansk LNG project in Poland.

Ukraine’s Naftogaz to get another US LNG cargo from Orlen

Poland's Orlen will supply another US LNG cargo to Ukraine's Naftogaz, the fourth shipment as part of a deal signed earlier this year.

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.

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.