Latest News

Poland gauges interest for expansion of floating LNG terminal

Gaz-System, Poland's gas pipeline operator, said that the country is measuring interest in expanding a floating LNG terminal near Gdansk. More European companies are interested in supplying through Poland.

Gaz-System will build a terminal that can regasify 6.1 billion cubic metres (bcm), or gas, per year. It dropped its plan to build a second floating regasification and storage unit (FSRU 2) in 2023 due to a lack of market interest.

Gaz-System stated that the ban on Russian gas imports proposed in June by the European Commission opens up new opportunities for member countries and more European players have expressed interest in LNG supply via Poland.

The company stated that "confirmation of the requirement for additional LNG regasification capacities would constitute the basis for initiating an open season procedure on this matter."

Participants will be asked to declare their capacity and the markets to which they intend to ship gas. This year, Ukraine has received several LNG shipments through Poland. (Reporting by Marek Strzelecki; Editing by Susan Fenton)

(source: Reuters)