ORLEN will increase LNG import capability

“Poland’s gas and vitality safety has been and continues to be a precedence for us. The necessity to strengthen this safety was one of many causes for constructing a sturdy multi-utility group. Because of the merger with LOTOS, PGNiG, and Energa, we now have the potential to interact in additional initiatives vital for the vitality independence of the nation and the area. One such challenge is the floating LNG terminal to be constructed within the Gulf of Gdansk, the place ORLEN has reserved your entire regasification capability. Along with the already operational President Lech Kaczynski terminal in Swinoujscie, this can allow us to obtain all of the LNG equipped underneath the long-term contracts we now have signed. At present, that is virtually 14 billion m³ of fuel. This quantity of the commodity, supplemented by provides from Norway and our personal home manufacturing, will permit us not solely to totally fulfill the wants of Polish prospects but additionally to supply fuel to neighbouring markets. Thus, ORLEN will probably be a guarantor of gas and vitality safety not just for Poland but additionally for different nations within the area,” mentioned Daniel Obajtek, CEO and President of the Administration Board of ORLEN.

The floating terminal in Gdansk can have the capability to unload, retailer, and regasify as much as 6.1 billion m3/y of fuel gas. The beginning-up of the unit, as introduced by Fuel Transmission Operator, GAZ-SYSTEM, which is implementing the challenge, is deliberate for 1 January 2028.

“Final 12 months, political occasions associated to the warfare in Ukraine utterly modified the instructions of pure fuel provides to the EU. We’ve seen an over 60% improve in LNG provides from the worldwide market. Poland is capitalising on this pattern and nurtures ambitions to turn into a fuel hub for Central and Japanese Europe,’ add-ed Anna Lukaszewska-Trzeciakowska, Secretary of State and Authorities Plenipotentiary for Strategic Vitality Infrastructure.

The capability reservation settlement, entered into throughout the framework of the open season FSRU process carried out by GAZ-SYSTEM, was concluded for 15 years.

“The FSRU Terminal challenge, now endorsed by the ORLEN Group, is one other component of the nation’s vitality safety primarily based on sound financial rationale. After finishing cross-border connections with Denmark, Lithuania, and Slovakia, and increasing the LNG Terminal in Swinoujscie, this challenge will improve the fuel diversification of Poland and the Intermarium,” commented Marcin Chludzinski, President of the Administration Board of GAZ-SYSTEM.

The Gdansk terminal will probably be one other location the place the ORLEN Group will obtain LNG provides. Since 2016, the corporate has been receiving liquefied pure fuel provides on the President Lech Kaczynski Terminal in Swinoujscie. So far, it has obtained 241 deliveries there with a complete quantity of roughly 19.06 million t of LNG. Most shipments got here from Qatar (123) and the US (98). LNG shipments had been additionally obtained from Norway (13), Nigeria (3), Trinidad and Tobago (3), and Egypt (1).

Since Could 2022, the Group has additionally been utilizing the Klaipeda terminal in Lithuania the place it has up to now obtained 10 shipments with a complete quantity of roughly 655 000 t of LNG. After regasification, the fuel is distributed to Poland by way of the Poland-Lithuania fuel pipeline; a few of it is usually directed to the markets of the Baltic nations.

Learn the article on-line at: https://www.lngindustry.com/floating-lng/21082023/orlen-increases-lng-import-capacity/