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PGNiG to buy 3 mln tonnes/year of LNG from US Sempra, starting from 2027

U.S. energy firm Sempra will provide PGNiG with LNG for 20 years under the deal

PGNiG to buy 3 mln tonnes/year of LNG from US Sempra, starting from 2027

Warsaw, May 17 - Neftegaz.RU. Sempra and Polish PGNiG announced they have entered into a heads of agreement for the purchase of approximately 3 million tonnes per annum (Mtpa) of LNG delivered free-on-board from Sempra Infrastructure's portfolio of LNG projects in North America.

The LNG would be sourced from 2 liquefaction terminals in the Gulf of Mexico and would come to Poland, among others, via a floating regasification terminal in the Gulf of Gdansk.

The agreement concluded by PGNiG and Sempra Infrastructure provides for the signing of 20-year sale & purchase agreements for LNG from the future expansion of the Cameron LNG terminal in Louisiana and the anticipated Port Arthur LNG terminal in Texas.

The parties expect that the initial deliveries of LNG may start in 2027.
Iwona Waksmundzka-Olejniczak,PGNiG´s President, said:
  • LNG is already one of the cornerstones of our diversified strategy to enhancing Polish energy security as well as strengthening the commercial potential of the PGNiG Group
  • We are determined to further expand our operations in this direction and are therefore taking steps to secure access to adequate gas volumes in the future
  • We also take into account the planned launch of a floating regasification terminal in the Gulf of Gdansk, which is expected to be an important element of the gas import infrastructure for Poland and the whole region
The Gulf of Gdansk LNG terminal is a project developed by GAZ-SYSTEM, which already operates the President Kaczynski LNG Terminal in Świnoujście.
Plans call for the terminal to have a regasification capacity of approximately 6 bcm of natural gas per annum.

PGNiG already signed long-term contracts with American LNG producers for the supply of a total volume of 7 million tons, which provides over 9 bcm of gas after regasification.
The contracts provide for a significant increase in supplies from the U.S. from 2023.

The company has reserved the full regasification capacity of the terminal in Polish Świnoujście, which, after the expansion of the installation, allows it to accept LNG cargoes of 6.2 bcm of gas after regasification, with a target capacity of 8.3 bcm per annum after further expansion in 2024.

The PGNiG Group has also booked capacity in the terminal in Klaipeda, Lithuania.
The supplies received in Klaipeda can provide gas for the customers in the Baltic States as well as in Poland, benefiting from the Poland-Lithuania Gas Pipeline, launched in May this year.

Source : Neftegaz.RU


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