Poland Getting Ready for More LNG Imports

May 26, 2016

 State-run Polish gas company PGNiG will receive its first spot delivery of liquefied natural gas (LNG) from Norway’s Statoil on June 25, it said on Tuesday, taking advantage of cheap and abundant global supply.

 
Reuters reports that on 25 June Swinoujscie will also take delivery of a 140,000-tonne spot cargo from Statoil of Norway, which has agreed to supply “at least one” such spot cargo to the terminal. 
 
Gas will be transported from the Norwegian port of Snohvit on the Arctic Princess.
 
“The first cargo of LNG under the Qatar contract is expected at the Swinoujscie terminal is due on June 17 and a spot cargo from Statoil is scheduled for June 25," says a company statement. 
 
On 3 May, Polish gas company PGNiG issued a tender for five cargoes for delivery in June and July, making its first foray into the LNG spot market.
 
Seven years ago, Poland signed a 20-year LNG supply contract with Qatargas, which is due to deliver a second contracted cargo in July. Qatargas delivered the cooldown and commissioning cargoes to Swinoujscie in December and in February.
 
The Q-Flex Al-Nuaman tanker will bring 206,000 mt as the first delivery and a second will come mid-July, it said. The Al-Nuaman brought one of the commissioning cargoes, in February.
 

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