PGNiG and ERU signed an agreement – American gas sold from Poland to Ukraine

Warsaw, August 30 - Neftegaz.RU. PGNiG has purchased a cargo of LNG from the US, and then – following regasification – sold the natural gas to Energy Resources of Ukraine (ERU). Thanks to the consistent expansion of the LNG supply portfolio PGNiG is able to offer natural gas to more customers.

The contracted LNG tanker will arrive at the President Lech Kaczyński LNG Terminal in Świnoujście at the beginning of November. LNG will be injected into the Polish transmission system after regasification, from where it will reach Ukraine and ERU via the gas connection in Hermanowice. Supplies to the Ukrainian partner will be carried out until the end of 2019.

“We have reserved full capacity at the terminal in Świnoujście – we expect 39 deliveries next year – and have the available capacity in the gas pipeline system in Poland and on its borders. This makes PGNiG a natural partner for cooperation in building a modern and secure gas market in our part of Europe. Several years of cooperation with our partners from the Ukrainian ERU is the best proof of this,” commented Piotr Woźniak, President of PGNiG.

Imports of LNG to Poland are growing dynamically. While in 2016 LNG accounted for about 8.5 % in the entire import structure, in 2018 it was over 20 %. Since the commencement of the terminal in Świnoujście, PGNiG has already received nearly 70 LNG loads with a total volume of approx. 7.5 billion cu m after regasification.

“We contracted this volume for the purpose of injecting and storing it for further delivery to consumers in the winter season – this way we contribute to the country's energy safety during uncertain and especially risky winter period 2019-2020,” said Yaroslav Mudryy, Director of the ERU TRADING.