Poland Signs Deals to Expand LNG Terminal
WARSAW (Reuters) — Poland has signed contracts worth 1.9 billion zlotys ($483 million) to expand its liquefied natural gas (LNG) terminal in Swinoujscie on the Baltic Sea from 5 bcm to 8.3 billion cubic meters (bcm) by 2023 in response to increasing domestic demand.
An LNG unit of Poland's gas infrastructure operator Gaz-System and the ports of Szczecin and Swinoujscie on Wednesday signed a contract with a consortium of Porr and TGE Gas Engineering on the expansion project.
Poland sees the facility as a means of reducing the country's reliance on Russian gas, which still accounts for more than half of its total consumption.
"The terminal gives us the flexibility of receiving gas from different parts of the world," Piotr Naimski, a minister responsible for energy infrastructure, told a news conference.
Poland's state-run gas company PGNiG does not plan to extend its long-term gas supply deal with Russia's Gazprom beyond 2022 when it expires.
It plans to replace Russian gas with LNG supplies and pipeline gas from Norway via a planned gas link.
PGNiG expects gas consumption in Poland to increase in the coming years as gas gradually replaces coal, which the country uses to produce most of its electricity.
Related News
Related News

- FERC Chairman Details Position on Natural Gas Pipelines
- Perspective: 'Blockadia' Helped Cancel the Keystone XL Pipeline
- NYC Natural Gas Ban Costs Potentially ‘Astronomical’
- Cold Weather Leads to Near-Record Withdrawals from Underground Natural Gas Storage
- 18 Companies Quit Nord Stream 2 Pipeline Project
- Spotlight on South America: New Gas Pipeline to Boost Northern Peru
- Duke Energy Begins Replacing Aging Gas Pipeline
- NYC Natural Gas Ban Costs Potentially ‘Astronomical’
- White House Climate Czar and Big Oil Meet, Talk Cooperation
- After Winter Crisis, Texas Power Grid Assures It Will Meet Record Summer Demand
Comments