LNG Terminal in Poland Will be Ready This Year

Maritime Activity Reports, Inc.

September 10, 2015

Polish LNG Terminal. Photo: Polskie LNG

Polish LNG Terminal. Photo: Polskie LNG

 Świnoujście terminal which is designed to reduce Poland’s dependence on natural gas imported from Russia will be completed by the end of the year, Polskie LNG, a company designed to conduct the investment, informed in a press release.

Poland's liquefied natural gas (LNG) import terminal in Świnoujście will receive its first cargo of the chilled gas by the end of 2015. 
However, the terminal on the Baltic Sea will be ready for commercial exploitation in the second quarter of 2016.
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. 
In line with the deal, Saipem will not receive a higher payment which stands at 2.4 billion zlotys ($635.8 million), and will incur more severe fines, in case of any irregularities. First supplies of LNG will be delivered this year.
The start-up of Poland’s first LNG terminal has been delayed several times with the original date which was set for the end of June last year.
Maritime Reporter Magazine Cover Mar 2019 - Cruise Shipping

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News