Poland’s PGNiG boosting LNG imports

Poland’s state-owned gas company PGNiG on Wednesday reported a rise in its natural gas sales boosted by liquefied natural gas (LNG) volumes.

PGNiG’s natural gas sales rose almost 20 percent on year in the second quarter to 5.63 billion cubic metres (bcm).

First half gas sales increased 14.3 percent to 14.49 bcm, according to PGNiG’s preliminary operations report.

LNG imports via the Lech Kaczyński terminal in Świnoujście doubled in the second quarter to 0.48 bcm from 0.21 bcm last year, PGNiG said.

In the first half, the LNG imports quadrupled to 0.86 bcm as compared to 0.21 bcm last year.

Polish first LNG terminal operated by the gas transmission operator Gaz-System’s unit Polskie LNG, is Poland’s flagship project to diversify gas supplies and reduce dependence on pipeline imports from Russia.

PGNiG is in charge for all the LNG supplies coming to the import terminal that officially opened in June last year.

To remind, PGNiG last month received its first U.S. spot delivery of LNG from Cheniere Energy.

The shipment was the first delivery of U.S. LNG to Central and Eastern Europe. It was also the second spot contract for PGNiG after the delivery from Statoil’s Hammerfest LNG plant in Norway in June last year.

More U.S.-produced LNG could be landing in Poland as PGNiG recently said it had entered talks with U.S. companies to import more shale gas volumes.

LNG World News Staff