GAZ-SYSTEM launches a non-binding market screening process to determine the demand for extra regasification capability of the FSRU terminal. The brand new FSRU terminal undertaking envisages the development of a FSRU within the Gulf of Gdansk space. Pursuant to the assumptions set out within the open season process initiated in 2021, the FSRU terminal is to be designed to ship yearly roughly 6.1 billion m3 of regasified pure fuel.
On the starting stage, GAZ-SYSTEM envisaged the potential of increasing the regasification capability of the FSRU terminal relying on market growth potential and the rise in demand for pure fuel each domestically and within the area.
“The present geopolitical scenario, significantly the suspension of Russian export of pure fuel to the EU, has fuelled market gamers’ curiosity in entry to secure and safe pure fuel provides, together with by the use of LNG terminals. We take the power safety of the area very significantly; subsequently, the diversification of fuel provide sources is the best precedence for our Firm. In view of the incoming info, we’ve determined to launch market screening process and finally present entry to further LNG provide by the FSRU terminal in Gdansk,” stated Marcin Chludzinski, President of GAZ-SYSTEM.
Contemplating the noticed elevated market curiosity in LNG provides, GAZ-SYSTEM is initiating a non-binding market screening process to estimate the demand for extra regasification capability of the FSRU terminal in relation to the capability booked underneath section 1 of the open season process. It’s assumed that the extra regasification capability offered by the FSRU terminal will ship yearly roughly 4.5 billion m3 of pure fuel. The choice on the ultimate regasification capability of the brand new FSRU terminal will rely available on the market demand declared underneath the pending process.
By this non-binding market screening process, GAZ-SYSTEM intends to evaluate each the demand for extra regasification capability and the curiosity in export of regasified LNG in direction of Slovakia, Lithuania, Denmark, Germany, in addition to the Czech Republic and Ukraine.
The outcomes of the process will likely be taken under consideration by GAZ-SYSTEM in its future proceedings associated to deliberate investments in regasification infrastructure, in addition to the mandatory growth of the transmission community in Poland.
GAZ-SYSTEM is open to direct dialogue with market individuals in the midst of market screening and intends to organise bilateral conferences to debate the subject material of the process.
Learn the article on-line at: https://www.lngindustry.com/regasification/13032023/gaz-system-launches-a-non-binding-market-screening-procedure-for-fsru-terminals/