Poland’s PGNiG signs first mid-term deal with US for LNG

By Sophie Chapman
The large Polish gas firm, PGNiG, has signed its first mid-term deal with an American company for liquefied natural gas (LNG).

The large Polish gas firm, PGNiG, has signed its first mid-term deal with an American company for liquefied natural gas (LNG).

Centrica LNG Co. Ltd will be delivering nine LNG shipments to Poland between 2018 and 2022, according to Reuters.

The shipments will depart from the Sabine Pass LNG export terminal in the state of Louisiana, and will arrive at Swinoujscie on the Baltic Sea.

PGNiG is conforming to Poland’s wider plan to not be as reliant on Russia, regarding importing supplies.

SEE ALSO:

“This is most likely the first contract in a series. In one year and a half we want to build a portfolio of such contracts. It could be with the U.S., it could be from other directions,” Maciej Wozniak, Deputy Head of PGNiG Deputy Head.

The US sent its first LNG supply to PGNiG on the spot market in June this year, however following President Trump’s visit to Warsaw the following month, a deal was made for regular distribution.

PGNiG have solely been dealing with Qatargas for LNG, who agreed to double shipments to 2mn tonnes per year until 2034.

Share
Share

Featured Articles

Alfa Laval to supply world’s largest green hydrogen plant

The facility is being built in NEOM, the US$500bn futuristic city being developed in Saudi Arabia

COP27 agrees to climate compensation fund

The deal is said to be a historic first in acknowledging the vast inequities of the climate crisis

North America's natural gas can help mitigate energy crisis

In the effort towards decarbonisation, North America could be a key player in providing affordable natural gas, addressing energy security issues

COP27: Egypt and Norway to build 100MW green hydrogen plant

Renewable Energy

Renewable energy company Masdar opens office in Saudi Arabia

Renewable Energy

Ørsted closes US$140m transaction with ECP for US portfolio

Renewable Energy