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The 2.2 billion zlotys ($591 million) loan, sourced from European Union funds, will finance construction of a 250 km pipeline between Gdansk and Gustorzyn, according to a statement by Gaz-System.
Upon completion, the newly built infrastructure will have a gas transmission capacity of 1,320,000 m3/h, it said.
In April, Gaz-System 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.
The firm noted that the offshore part of the project has been previously awarded EU funds of up to 19.6 million euros ($22.4 million).
With the award of this contract, the Gdansk project entered the implementation phase in all three areas: offshore, onshore, and the acquisition of a regasification unit, Gaz-System said.
According to Gaz-System, the FSRU terminal in the Gulf of Gdańsk, with its annual capacity of 6.1 bcm, will guarantee diversification of gas supply directions and sources for Poland and the CEE region.
Its commissioning is planned for late 2027/early 2028.
MOL’s FSRU
In April last year, Japan’s shipping giant MOL signed a long-term FSRU charter deal with Gaz-System for the planned LNG import terminal in Gdansk.
The deal with MOL’s unit White Eagle Energy is for 15 years with the possibility of further extension.
Based on the charter agreement, Gaz-System also has the right to purchase the FSRU.
HD Hyundai Heavy will build the 170,000-cbm FSRU and deliver it in 2027.
It will be 294 meters long and 46 meters wide.
Hyundai Heavy’s parent KSOE said in March 2024 that the shipbuilder won an order from an owner in Europe.
The contract has a price tag of 483.9 billion won or about $364 million.
This is Poland’s first FSRU and will add to the onshore Swinoujscie LNG terminal.
Poland’s Orlen previously booked the entire 6.1 bcm per year of regasification capacity at Gaz-System’s planned FSRU-based LNG import facility.
Orlen is already in charge of all of the supplies coming to Gaz System’s LNG import terminal in Swinoujscie, Poland’s first such facility, via PGNiG.