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Poland seeks offers for expanding floating LNG terminal

Gaz-System, Poland's gas pipeline operator, said that the country will be seeking binding offers from shippers for the capacity available at the expanded floating LNG terminal near Gdansk after receiving a lot of interest.

Gaz-System plans to build a terminal that can regasify up to 6.1 billion cubic metres (bcms) of gas annually. It is also considering the addition of a second unit, which could regasify as much as 4.5 bcms per year.

The operator commented on the interest of shippers in expanding the floating facility, saying that "nearly half of regasified LNG will be exported to Ukraine," Slovakia, the Czech Republic and Lithuania.

The estimated export volume ranges between 6.9 and 8 bcm a year and could decline to around 2.6 bcm a year in the next decades.

The company reported that 14 companies, both domestic and international, expressed interest in this facility. Demand forecasts for 2031-2032 are expected to exceed its capacity by almost four times. In the first quarter 2026, binding offers will be requested.

Gaz-System reported last month that the European market is more interested in LNG via Poland than before, due to a ban on Russian gas imports proposed in June by the European Commission.

This year, Ukraine has received several LNG shipments through Poland.

(source: Reuters)