Poland’s Orlen books Gdansk FSRU capacity

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.

The two firms signed the capacity agreement on August 18.

Orlen, previously known as PKN 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.

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

Prior to that, PGNiG placed an order to book regasification capacity at Gaz-System’s planned FSRU-based LNG terminal in Gdansk Bay under the first phase of the open season procedure.

Orlen said on Friday that the capacity reservation agreement, entered into within the framework of the open season procedure carried out by Gaz-System, is for a period of 15 years.

The firm booked all of the available capacity offered by Gaz-System.

According to Orlen, it will be able to unload up to 58 shipments of LNG per year at the FSRU-based terminal.

Together with the already operational LNG terminal in Swinoujscie, this will enable the firm to receive all the LNG supplied under its previously signed long-term contracts which total almost 14 bcm of gas.

This includes the 20-year deal Orlen signed earlier this year with Sempra Infrastructure for volumes from the latter’s Port Arthur LNG project in Texas.

“Advanced design stage”

Gaz-System said in a separate statement that the FSRU terminal in Gdansk is currently at an “advanced design stage”.

In July, the firm completed the process of obtaining administrative decisions for all three onshore gas pipeline projects implemented as part of the FSRU project.

Gaz-System expects the construction of these connections to start in 2024.

As part of the offshore part of the FSRU project, the pending works include the design of a mooring berth for the FSRU-based terminal together with the offshore section of the gas pipeline, which will run on the sea bed in the Gulf of Gdansk.

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

Besides this FSRU, the company recently 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

Venture Global’s vessel arrives at Plaquemines LNG plant

The 174,000-cbm LNG carrier was on Tuesday located at the LNG plant along the Mississippi River, according to its...

LNG Canada pipeline enters commercial service

Canada's TC Energy said on Tuesday CGL had executed a commercial agreement with LNG Canada and CGL customers that...

Japan’s K Line on track with LNG fleet growth plans

According to K Line's latest financial report, the firm had 46 LNG carriers in its fleet as of the...

More News Like This

Orlen, KN seal new deal for small-scale LNG terminal in Klaipeda

Orlen announced the capacity booking deal in a statement on Tuesday. The deal grants the Polish firm sole access to...

Polish LNG terminal receives 300th cargo

Poland’s Orlen has received the 300th cargo of liquefied natural gas (LNG) at the Swinoujscie terminal since the start...

Slovakia’s ZSE, Poland’s Orlen ink LNG supply deal

Slovakia's gas and power firm SZE has signed a deal with Poland's energy firm and LNG importer Orlen to...

GTT scores tank gig for MOL’s FSRU

French LNG containment giant GTT has secured an order from South Korea’s HD Hyundai Heavy Industries for one floating...