Poland Expects First LNG Shipment Next Month

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.
 

Logistics News

LNG Shipping’s Long-Term Outlook Remains Positive

LNG Shipping’s Long-Term Outlook Remains Positive

Soybeans, Wheat, Corn Futures Drop As Broad Commodities Slump

Soybeans, Wheat, Corn Futures Drop As Broad Commodities Slump

Mecad USA Selects Oklahoma’s Port of Catoosa for US Headquarters

Mecad USA Selects Oklahoma’s Port of Catoosa for US Headquarters

GTT Receives LNG Carriers Tank Design Order From HD KSOE

GTT Receives LNG Carriers Tank Design Order From HD KSOE

Subscribe for Maritime Logistics Professional E‑News

Maguire: US-driven gas-turbine crunch could speed up global clean energy adoption
EIG Global Energy to launch new fund for Aramco pipeline and attract new investors
S&P 500 closes higher; chipmakers, small caps and other stocks jump