Approximately €128 million from the European Regional Development Fund (ERDF) is invested in extending the Świnoujście LNG terminal. The current investment adds to over €250 million invested by the EU in the LNG terminal and to more than €2 billion in Polish energy infrastructure since 2007.
The LNG regasification terminal in Świnoujście is the biggest LNG facility in Northern Europe and in the Central and Eastern Europe.
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The current installation, the three-year-old LNG terminal, was built with the help of ERDF grant of €224 million from OP Infrastructure and Environment 2007-2013 and €55 million from the European Energy Programme for Recovery.
The current investment of €128 million from OP Infrastructure and Environment 2014-2020 will add extra gas bunker facilities and seaside infrastructure. Today’s regasification capacity of the terminal is 5 billion m3/year. Due to the expansion, the regasification capacity of the terminal will increase by 50%, eventually reaching 7.5 billion m3/year.
As the expanded LNG terminal will not be enough to cover total energy demand, Poland further diversifies its gas supplies. Namely, on 15 April 2019 an agreement for the €215 million Cohesion Fund grant for the ‘Baltic Pipe’ was signed. The Baltic Pipe Project is a gas infrastructure project aspiring to create a new gas supply corridor in the European market connecting Poland and Denmark with Norway.
Both LNG terminal and the Baltic Pipe are important European energy infrastructure projects with major cross-border benefits and they were placed on the European list of Project of Common Interest (PCI). This list includes investments that are of special importance for enhancing the security and diversification of natural gas supplies in Europe and for building an integrated and competitive market. It also contributes to the achievement of European energy and climate goals.
The LNG terminal improves the energy security of Poland and leads to actual diversification of gas supply sources also for neighbouring countries such as Baltic States, Ukraine and Czech Republic. The use of LNG allows customers to be supplied with gas on uninterrupted basis.
The Baltic pipe will enable, from 2022, the shipment of gas from the North Sea to the Polish market and further to the Baltic, as well as to end-users in neighbouring countries. In the meantime, the pipeline will facilitate the supply of gas from Poland, including from LNG imports, to the Danish and Swedish markets.
