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Poland completes regasification capacity booking for Gdańsk FSRU Terminal

Polish gas transmission operator GAZ-SYSTEM and Polish energy company ORLEN have signed a contract for regasification services at the planned Floating Storage Regasification Unit (FSRU) terminal in the Gulf of Gdańsk (18 August).

The regasification agreement has been signed within the framework of the Open Season procedure, in which ORLEN has placed an order covering 100 per cent of regasification services provided by GAZ-SYSTEM.

Once completed, the FSRU terminal will be capable of conducting the regasification process at a level of 6.1 billion cubic metres (bcm) of natural gas per year.

“The FSRU terminal project, now endorsed by the ORLEN Group, is another element of the country’s energy security based on sound economic rationale. After completing cross-border connections with Denmark, Lithuania, and Slovakia, and expanding the LNG [liquefied natural gas] terminal in Świnoujście, this project will increase the gas diversification of Poland and the Intermarium,” said Marcin Chludziński, President of the GAZ-SYSTEM Management Board.

At present, the FSRU terminal in Gdańsk is at an advanced design stage. In July, GAZ-SYSTEM received administrative decisions for all three onshore gas pipelines implemented under the FSRU project. The construction of these connections is planned to start in 2024. 

“Bearing in mind the growing interest of the entire region of Central and Eastern Europe in the diversification of gas supply sources based on LNG, we are currently conducting an Open Season procedure for FSRU 2. If it goes well, we could launch a second FSRU unit, which would increase the regasification capacity by 4.5 billion cubic metres of gaseous fuel annually,” said Andrzej Kensbok, Vice-President of GAZ-SYSTEM Management Board.

As part of the offshore section of the project, work is underway to design a berth for the floating FSRU terminal along with the offshore section of the gas pipeline, which will be located at the bottom of the Gulf of Gdańsk.

“Poland’s fuel and energy security has been and continues to be a priority for us. The need to strengthen this security was one of the reasons for building a robust multi-utility group. Thanks to the merger with LOTOS, PGNiG, and Energa, we have the potential to engage in further projects important for the energy independence of the country and the region. One such project is the floating LNG terminal to be built in the Gulf of Gdansk, where ORLEN has reserved the entire regasification capacity,” said Daniel Obajtek, CEO and President of ORLEN’s Management Board.

“Together with the already operational President Lech Kaczyński terminal in Świnoujście, this will enable us to receive all the LNG supplied under the long-term contracts we have signed. Currently, this is almost 14 bcm of gas. This amount of the commodity, supplemented by supplies from Norway and our own domestic production, will allow us not only to fully satisfy the needs of Polish customers but also to offer gas to neighbouring markets. Thus ORLEN will be a guarantor of fuel and energy security not only for Poland but also for other countries in the region,” Mr Obajtek added.

The terminal in Gdańsk will be another location where the ORLEN Group will receive LNG supplies. Since 2016, the company has been using the President Lech Kaczyński terminal in Świnoujście, from which it has, to date, received 241 deliveries with a total volume of approximately 19.06 million tonnes of LNG.

Since May 2022, the Group has also been using the Klaipeda terminal in Lithuania where it has thus far received 10 shipments with a total volume of around 655,000 tonnes of LNG. After regasification, the gas is sent to Poland via the Poland-Lithuania gas pipeline, with some of it also directed to the markets of the Baltic countries.

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