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Home News

ORLEN will increase LNG import capability

by manusohal
September 22, 2023
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ORLEN will increase LNG import capability
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ORLEN will have the ability to obtain as much as 58 shipments of LNG per yr on the FSRU terminal to be constructed within the Gulf of Gdansk. The corporate has finalised an settlement with GAZ-SYSTEM to order a regasification capability of 6.1 billion m3/y on the Gdansk terminal. That is one other step within the technique of strengthening the vitality independence of the nation and the area.

“Poland’s gasoline 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 strong multi-utility group. Because of the merger with LOTOS, PGNiG, and Energa, we’ve got the potential to have interaction in additional tasks vital for the vitality independence of the nation and the area. One such venture is the floating LNG terminal to be constructed within the Gulf of Gdansk, the place ORLEN has reserved the complete regasification capability. Along with the already operational President Lech Kaczynski terminal in Swinoujscie, it will allow us to obtain all of the LNG equipped below the long-term contracts we’ve got signed. At the moment, that is virtually 14 billion m3 of gasoline. This quantity of the commodity, supplemented by provides from Norway and our personal home manufacturing, will enable us not solely to totally fulfill the wants of Polish clients but in addition to supply gasoline to neighbouring markets. Thus, ORLEN might be a guarantor of gasoline and vitality safety not just for Poland but in addition for different international locations 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 gasoline gasoline. The beginning-up of the unit, as introduced by gasoline transmission operator, GAZ-SYSTEM, which is implementing the venture, is deliberate for 1 January 2028.

“Final yr, political occasions associated to the struggle in Ukraine utterly modified the instructions of pure gasoline provides to the European Union. Now we have seen an over 60% improve in LNG provides from the worldwide market. Poland is capitalising on this pattern and nurtures ambitions to develop into a gasoline hub for Central and Jap Europe,” added Anna Lukaszewska-Trzeciakowska, Secretary of State and Authorities Plenipotentiary for Strategic Power Infrastructure.

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

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

Learn the article on-line at: https://www.lngindustry.com/regasification/22092023/orlen-increases-lng-import-capacity/



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