ORLEN Group: pure gasoline safety enhanced by document LNG deliveries

‘The liquefied pure gasoline shipments acquired on the President Lech Kaczyński terminal had been Poland’s important supply of pure gasoline provide in 2022, protecting as a lot as one-third of the nation’s demand. We efficiently harnessed the ORLEN Group’s capabilities and the obtainable regasification infrastructure to soundly navigate the nationwide economic system by means of the most important disaster within the European gasoline market. In 2023, we are going to additional optimise our gasoline import portfolio, helped by new LNG carriers chartered by the ORLEN Group, two of which is able to enter service as quickly as this yr,’ stated Daniel Obajtek, President of the Administration Board of PKN ORLEN.

PGNiG, an ORLEN Group firm, took supply of 58 LNG cargoes in Świnoujście in 2022, 23 greater than a yr earlier, when 35 ships carrying a complete of two.8 million tonnes of LNG arrived on the President Lech Kaczyński terminal. Many of the shipments final yr, 36, got here from america, with 18 shiploads from Qatar rating second. The Group additionally imported liquefied pure gasoline from Nigeria (two cargoes), Trinidad and Tobago (one cargo) and Egypt (one cargo).

The fast development in LNG deliveries was a response to disruptions within the European gasoline market brought on by Gazprom’s actions and Russia’s aggression in opposition to Ukraine. The Group ramped up imports primarily from liquefaction terminals in america, which elevated deliveries to Poland by as many as 20 cargoes in contrast with 2021.

Stepping up LNG imports was attainable because the annual regasification capability of the Świnoujście terminal was expanded by 1.2 billion cubic meters, to six.2 billion cubic meters in 2022. The ORLEN Group imported a complete of 5.8 billion cubic metres of LNG through the Świnoujście terminal in 2022, translating right into a regasification capability utilisation price of round 94%. That is considerably increased than in 2021, when the utilisation price of the terminal’s capability of 5 billion cubic metres was 78%.

Final yr, the ORLEN Group acquired its first LNG cargoes on the LNG terminal in Klaipėda, Lithuania. Eight deliveries with a complete quantity of half 1,000,000 tonnes of LNG, equal to 0.7 billion cubic metres of regasified pure gasoline, had been acquired throughout 2022. Many of the gas was regasified and shipped to Poland through a brand new pipeline hyperlink between Lithuania and Poland, additional strengthening the safety of provide for home prospects. The remaining gasoline was offered within the Baltic states.

The ORLEN Group plans to keep up the excessive effectivity of its LNG operations in 2023, adjusting the volumes of gasoline imported by sea to buyer demand and present market state of affairs. As in 2022, the most important supply of LNG imports would be the US because the Group performs beneath its two long-term contracts with US corporations Chenier and Enterprise International, offering for a mixed goal quantity of virtually 3 million tonnes of LNG per yr. The contract with Cheniere entered into power again in 2019, however solely this yr will the quantity of gasoline equipped beneath the contract attain the goal stage of 1.45 million tonnes per yr, which is equal to about 2 billion cubic metres of regasified pure gasoline. Deliveries beneath the contract with Enterprise International will start throughout 2023.

The ORLEN Group additionally has a contract with Klaipedos Nafta, the operator of the Klaipėda LNG terminal, beneath which PGNiG might obtain six LNG cargoes on the Lithuanian gasoline terminal this yr.