To take advantage of an expected supply gut, the Polish gas firm
PGNiG is expected to sign short and mid-term contracts for liquefied
natural gas by mid-2018.
In an interview with the Reuters news agency, the firm’s vice-president
Maciej Wozniak
said: “For a few months we have been in talks with our partners on
further LNG supplies to Poland. Of course, we are talking not only to
American contractors.”
According to Reuters, US President
Donald Trump‘s
visit to Warsaw last month, which focused on security and energy, has
boosted expectations of more US LNG supplies for Poland.
PGNiG’s sole LNG supply deal so far is with Qatargas, which in March
agreed to double deliveries to Poland to 2.9bn cubic metres (bcm) per
year until 2034.
Swinoujscie’s annual capacity is currently 5 bcm which is to be expanded to 7.5 bcm.
“We are also planning mid and short-term contracts,” Wozniak told
Reuters, referring to deals for up to two years and others for around
seven years.
“We’d like to enter the second half of 2018 with a supply portfolio constructed in this way,” he said.
According to Reuters, PGNiG wants to diversify its gas supplies to
cut reliance on Russia but also to boost sales to clients in Poland and
neighbouring countries. It is currently in talks with its partners in
the Visegrad Group, which includes the Czech Republic, Hungary and
Slovakia.
Last year, Poland opened its LNG terminal at Swinoujscie on the Baltic Sea to reduce its reliance on Russian gas supplies.
https://www.neweurope.eu/article/polands-pgnig-sign-lng-contracts/