Commercial gas to finally arrive at Poland’s LNG terminal in July

By bne IntelliNews February 25, 2016

The first commercial cargo of liquefied natural gas (LNG) will arrive at Poland’s new terminal in Swinoujscie in July, Polish trade press reported on February 25, citing the CEO of operator Polskie LNG.

The cargo is set to arrive on July 16, following test loads received in December and February, Jan Chadam said, according to industry and defence website Defence24.pl. Following the collapse of a drive to exploit the country's shale gas reserves, Poland sees the LNG terminal as the major plank in efforts to reduce reliance on Russian gas supplies. However, the facility has faced long delays.

Poland uses about 16bn cm of gas per year. Overall, 4.4bn was sourced from domestic production in 2014; about 75% of imports came from Russia. 

Poland has a contract with Qatargas for delivery of 1.5bn cubic meters of gas per year over 20 years. The delays saw Poland forced to ask Qatar last year to sell the gas on the spot market while it tried to launch the platform.

The terminal’s capacity is 5bn cm, and could be expanded to 7.5bn cm. Despite that disparity, and the fact that commercial operations have still not kicked off,  the CEO of grid operator Gaz-System claims that a decision on expansion of the terminal will likely be taken this year.

Meanwhile, efforts to increase alternative supplies to Russian imports are growing. State-controlled gas utility PGNiG claimed on February 24 it is in talks on building a gas corridor link to Norwegian offshore fields via Denmark to Poland.

 

 

 

 

 

 

 

 

 

Related Articles

Latvia heads off Russian gas mischief with legislation on strategic companies

The Latvian parliament passed amendments to national security and commercial laws on March 23, handing the state the power to block the sale of companies considered strategic. The legislation will ... more

Enea buys French utility out of Poland

Enea has acquired a 100% stake in Engie Energia Polska - the Polish business of French power company Engie - for PLN1.26bn (€290mn), the state controlled Polish utility said on March 14. The ... more

EU asks CEE to comment on Russian gas promises

The European Commission has invited comments from Central & Eastern European states on proposals put forward by Russian gas giant Gazprom to meet competition concerns. Visegrad and the Baltic ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss