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Poland expects long term deal for US LNG

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LNG Industry,


According to the latest Reuters report, Poland now expects to sign a long-term deal for LNG supplies from the US to reduce its reliance on Russian gas.

The announcement comes after Poland’s President Andrzej Duda met with US President Donald Trump.

Poland imports most of the 16 billion m3 of gas it consumes a year from Russia, on the basis of a long-term deal with Gazprom which expires in 2022.

Warsaw plans to replace the Russian gas after then with supplies from Norway via a planned pipeline as well as with more LNG from the US coming to its terminal at the Baltic Sea.

Poland's ambition is to resell gas in future, especially to Ukraine, but also to southern Europe. Once it completes the pipeline to Norway and expands its LNG terminal it will be able to import more gas than it consumes.

Read the article online at: https://www.lngindustry.com/liquefaction/07072017/poland-expects-long-term-deal-for-us-lng/

 

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