Polish LNG terminal storage capacity to increase

Poland could be expanding the storage capacity at its Swinoujscie LNG import terminal to equal half its annual consumption as the interest in the market rose significantly due to constant pushes to cut dependence on Russian gas.

Gaz-System’s CEO Jan Chadam said the terminal could add a third storage tank after it opens next year with first LNG imports from Qatar, reports Reuters.

Chadam further said that the interest was huge even before the dispute between Russia and Ukraine, and the dispute would only increase the interest. The third tank at the Swinoujscie LNG terminal would increase the storage capacity to 7.5 bcm.

LNG World News Staff, September 5, 2014; Image: Polskie LNG