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Consortium files for US$49 million for construction of Polish LNG terminal

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LNG Industry,

According to Reuters, the consortium that constructed the new LNG terminal in Poland has filed a request for a further payment from Polskie LNG of up to US$49 million. The consortium is led by Saipem, and includes Polish construction company PBG, and Italy’s Techint Compagnia Tecnica Internazionale. The facility, which is located on the Baltic Sea and was fully constructed in 2015, will cost approximately 3 billion zlotys. Construction was completed a year behind schedule, with the facility only receiving its first spot cargo of gas in June 2016.

PBG reportedly said that the consortium has filed a request for arbitration against state-owned operator Polskie LNG for constructing the terminal. Whilst PBG did not specify the exact work that payment would cover, it noted the number of delays to the project. It added that the consortium would file a formal suit against the operator at a later date.

PBG reportedly said in a statement: “The consortium will take legal steps to secure an additional payment connected with the realisation of the ... contract amounting to no more than 195 million zlotys net (UA$49 million)."

Edited from various sources by David Rowlands

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