PGNiG buys US spot LNG cargo

PGNiG buys US spot LNG cargo

Polish Oil and Gas Company (PGNiG) informed a new spot LNG cargo from the USA is set to arrive at the Lech Kaczyński LNG terminal in Świnoujście on April 3.

Image courtesy of Polskie LNG

Natural gas was liquefied and loaded at Sabine Pass export facility in the USA, PGNiG said on Monday.

GasLog Hong Kong liquefied natural gas carrier is transporting about 73 thousand tons of LNG, which equals to about 100 million cubic meters of natural gas following regasification.

The cargo was purchased from French company Total, which had previously concluded a long-term contract for receiving of American LNG.

This will be the fifth spot delivery in 2019 already (in 2018 there were four supplies of this kind) and it will be the 55th delivery altogether since launching of the terminal in Świnoujście.

The company expects further deliveries of US LNG, including supplies as part of the long-term contract with Cheniere Marketing International that begins this year. The arrival of the first cargo under this contract is planned later this year.