Another cargo of liquefied natural gas is expected to arrive at the President Lech Kaczyński LNG Terminal in Świnoujście this Thursday, September 6th. It will be the 40th delivery of LNG to Poland.
"According to our plans, in 2019, PGNiG intends to bring at least 28 LNG deliveries to the terminal in Świnoujście from about 38 possible which equal 100% of the terminal’s capacity reserved and paid for by PGNiG,” said Piotr Woźniak, President of the Management Board of Polish Oil and Gas Company (PGNiG SA) during the Economic Forum in Krynica. “We continue our strategy based on diversifying sources of natural gas and we are building a portfolio of contracts for deliveries of LNG. We are in the process of concluding agreements with American suppliers for a further several billion cubic meters, which will be at our disposal starting from 2022. We will be able to bring it to Poland or sell it anywhere in the world,” he added.
The Thursday delivery will be the 40th cargo of liquefied natural gas to arrive to Poland, including deliveries under a long-term contract with Qatargas, other commercial deliveries from the USA, Norway and Qatar, and two technical cargo necessary to start the terminal. The vessel Al Sheehaniya, who will arrive at the terminal in Świnoujście, transports about 90 thousand tonnes of LNG, which will give about 120 million cubic metres of gas after regasification. This is the 31st delivery of liquefied natural gas from Qatar under a long-term contract.
LNG has an increasing share in the structure of PGNiG's gas imports. In the first half of 2018, liquefied natural gas accounted for 18% of the total import of the company, compared to 13% a year earlier. Next year, PGNiG intends to import at least 28 LNG supplies to Poland, including further spot deliveries.
About PGNIG
PGNiG (the Polish Oil and Gas Company) is the leader of the Polish natural gas market. Listed on the Warsaw Stock Exchange, the company’s core businesses include the exploration and production of natural gas and crude oil fields; the import, storage, and sale of natural gas; the distribution of gaseous and liquid fuels; and heat and electricity generation. PGNiG holds exploration and production licenses on the Norwegian Continental Shelf and in Pakistan. The exploration and production activity in Norway is carried out by PGNiG Upstream Norway. Munich-based PGNiG Supply & Trading is engaged in gas trading in Western Europe and operates an LNG trading office in London.