Polish Oil & Gas Company (PGNiG) will bring the first delivery of LNG from US supplier to Poland. LNG will be delivered by Cheniere Energy. The transaction was overseen by PGNiG trading office branch in London.
The first cargo of LNG from a US supplier is planned to arrive at the President Lech Kaczynski LNG Terminal in Swinoujscie in the first half of June. The spot cargo will be delivered by Cheniere Energy, the owner of Sabine Pass liquefaction terminal in Louisiana. It is the first delivery of liquefied natural gas from a US company to this part of Europe. For PGNiG it will also be the second spot delivery following a cargo from Norway in June 2016.
“This is a historic moment for PGNiG. North America is becoming the next region for acquiring this strategic commodity after Middle East and Norway. We consistently fulfill our strategy of diversifying gas deliveries to Poland. We build safe and competitive gas market for the Polish economy,” commented Piotr WoLniak, President of PGNiG Management Board. “A future delivery from the USA proves that Poland can become a gateway to Central and Eastern Europe for American LNG. This transaction is a great success of PGNiG's London office which was opened in February 2017,” added WoLniak.
“Delivering this cargo from Cheniere to Poland demonstrates the continued demand for US LNG and for Cheniere’s full-service model that includes the delivery of LNG directly to customers,” said Jack Fusco, President and CEO of Cheniere. “PGNiG has been an excellent partner in this purchase, and Cheniere is pleased to support Poland accessing LNG.”
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/27042017/first-lng-delivery-from-us-supplier-to-poland/