PGNiG and Port Arthur LNG SPA was signed in 2018.
Under the agreement, LNG was to be delivered on a free on board basis with PGNiG being responsible for lifting the cargoes from the 11 Mtpa liquefaction facilities located at Port Arthur LNG in Texas and shipping them to final destinations.
The FID to build Port Arthur LNG has not been taken.
Today, the Polish company signed with Sempra a MoU for a potential replacement of LNG supplied from other Sempra LNG projects in North America.
Paweł Majewski, PGNiG´s CEO said:
- We highly value our relationship with Sempra LNG and we are keen to continue it
- The MoU allows for shifting the volumes originally contracted at Port Arthur LNG to other facilities from Sempra LNG’s projects portfolio
As a result, the volume of LNG contracted from Venture Global LNG by PGNiG is to increase to 5,5 Mtpa.
- LNG plays a vital role in PGNiG’s strategy
- It is a key component of our supply portfolio diversification and the plan to reinforce the energy security of our customers
- Moreover, based on LNG, we plan to develop our commercial activity in the global trading market
- Expanding our cooperation with Venture Global LNG fits in with both of these goals
The 1st one to start is Calcasieu Pass with the commercial deliveries expected in early 2023.