Tag: Poland

Approximately €128 million from the European Regional Development Fund 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.

The European Commission announced that it will provide 215 million to finance part of the construction costs of the Baltic Pipe project designed to carry Norwegian gas to Danish and Polish markets. The signing ceremony took place on Monday, 15 April.

Grupa LOTOS and PGNiG carried out two commercial bunkers of LNG, between 13 and 18 March 2019, at the at sea ports of Gdańsk and Gdynia in Poland. These are the first operations that took place in Polish ports. Namely, on March 13, 14 tonnes of LNG were injected into the 'Fure Valo's' tanks, which is owned by Gothia Tankers. The company aims to develop the LNG-fueled fleet, and aspires to have six such vessels by the end of the year. The second bunkering took place on March 18, where 18 tonnes of LNG were transported from a tanker to the tanks of the 'Ireland' ship.

PSA International signed an agreement with the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) to jointly acquire DCT Gdańsk, the largest container terminal in Poland. The shares will be bought from Macquarie Infrastructure and Real Assets (MIRA) managed fund Global Infrastructure Fund II, MTAA Super, AustralianSuper and Statewide Super.

Under EU State aid rules, the European Commission has approved Polish plans to support the increase of the regasification capacity (from 5 to 7.5 billion cubic metres per year), as well the development of additional functionalities, of the LNG terminal in Świnoujście, Poland.

During 2018, port of Gdansk transhipped approximately all of the products that were transported in all Polish ports. Due to this, the port is approaching to the podium of the largest Baltic ports. In 2018, the port shipped more than 49 million tonnes, an increase of 20.7% is the highest growth dynamics on the Polish coast.

2018 was a period of increased work for Polskie LNG, as there were positive results for the LNG terminal in Świnoujście and the implementation of the LNG Terminal Expansion Program. As part of the latter, Polskie LNG initiated two tender processes, the land part for regasification installation, third LNG tank and LNG transshipment system for rail, and the sea part for additional quay ship.

The Polish LNG terminal in Świnoujscie received its 50th vessel delivering LNG. The first delivery took place in December 2015. Namely, about 130,000 m3 of LNG will be delivered through this 50th delivery. Specifically, more than 4,000 tank trucks were loaded at the terminal, in which 9.6 million m3 of LNG were delivered by 49 methane carriers to date.

Polskie LNG, announced that it is able to expand its terminal, as it has obtained a set of environmental and location permits for all projects to be implemented under the LNG terminal program. Its two tender procedures for the expansion project contractors are in progress.

Lithuania's LNG import terminal, 'Independence', is expected to double its LNG volumes after the opening of gas pipelines to Poland and Finland, 2021. The pipeline opening will turn the Baltic Port into a regional hub. 'Independence' mostly imported Norwegian LNG for domestic use, using a fifth and a third of its annual capacity of 2.7 million tonnes of LNG, after changing in 2017, along with its first US cargo import.