ORLEN will be capable to obtain as much as 58 shipments of LNG per 12 months 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. Due to the merger with LOTOS, PGNiG, and Energa, we’ve the potential to interact in additional initiatives essential for the vitality independence of the nation and the area. One such mission 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, this may allow us to obtain all of the LNG equipped underneath the long-term contracts we’ve 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 enable us not solely to totally fulfill the wants of Polish clients but additionally to supply fuel to neighbouring markets. Thus, ORLEN shall be a guarantor of gasoline 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 may have the capability to unload, retailer, and regasify as much as 6.1 billion m3/y of fuel gasoline. The beginning-up of the unit, as introduced by fuel transmission operator, GAZ-SYSTEM, which is implementing the mission, is deliberate for 1 January 2028.
“Final 12 months, political occasions associated to the struggle in Ukraine utterly modified the instructions of pure fuel provides to the European Union. Now we have seen an over 60% enhance in LNG provides from the worldwide market. Poland is capitalising on this pattern and nurtures ambitions to turn out to be a fuel 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 throughout the framework of the Open Season FSRU process carried out by GAZ-SYSTEM, was concluded for 15 years.
“The FSRU terminal mission, now endorsed by the ORLEN Group, is one other component 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 mission will enhance the fuel 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/