Poland Expects First LNG Shipment Next Month

By Aiswarya Lakshmi
Monday, October 12, 2015

 As Świnoujście terminal which is designed to reduce Poland’s dependence on natural gas imported from Russia is at the final stage, Poland expects to receive its first cargo of liquefied natural gas (LNG), reports Reuters.

The terminal, being built in the Baltic city of Swinoujscie, is Poland's flagship project to diversify its gas supplies and reduce a dependence on Russia. 
Gaz-System’s unit Polskie LNG, which is building the import terminal, said it had reached an agreement with Italian company Saipem, the main contractor of the scheme, which was due to be carried out last year. 
The terminal's construction is to be officially completed on Monday. It  had originally been scheduled to open in 2014 but has been delayed several times. 
Built at a cost of almost 3.5 billion zlotys ($942 million), the terminal is expected to be ready for full commercial use next May and is likely to reach full capacity by 2018, its operator said last month.
Categories: Energy LNG Ports Tankers

Related Stories

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Maersk Reopens Cargo Acceptance to Port of Haifa

OPEC Crude Tanker Vessel Loadings Soar

Current News

Coal Shipments Plummet 6%, China's the Driver

CV International, Capes Shipping Agencies Announce New CFO

Tariffs, Sanctions and Shipping Risks: The New Supply Chain Reality

German Exports Decreased in May As Companies Frontloaded in Q1 to Beat Tariffs

Subscribe for Maritime Logistics Professional E‑News