Polish LNG imports continue to rise

Poland is continuing to boost imports of LNG via its only import facility in Swinoujscie as it is looking to reduce pipeline gas reliance from Russia but also coal.

The country’s dominant gas firm PGNiG said in its quarterly financial report on Thursday it imported 2.19 billion cubic meters of LNG into Poland in the January-June period.

This represents a 24 percent increase year-on-year when compared to 1.77 bcm imported during the same period in 2019.

This equals to 21 LNG cargoes, five more than same year.

During the second quarter, LNG imports increased 0.17 bcm on year to 1.2 bcm with eleven shipments delivered to the Swinoujscie facility.

Six of these deliveries were under PGNiG’s Qatargas contract, two deliveries from US LNG exporter Cheniere, and three spot deliveries.

LNG accounted for 30 percent of Poland’s total gas imports in the second quarter rising from 2 percent from last year, according to the firm.

PGNiG is in charge of all the supplies coming to the import terminal operated by Gaz-System’s unit Polskie LNG.

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

In 2019, PGNiG imported 3.43 billion cubic meters of LNG into Poland, a rise of more than 25 percent year-on-year.

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