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Poland eyes more US LNG supplies

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LNG Industry,

Reuters are reporting that Poland hopes a visit from US President Donald Trump next month will pave the way for LNG deals with US producers.

Poland opened its first LNG terminal a year ago in the Swinoujscie, near the German border, as part of an effort to cut its dependence on Russian gas and has ambitions to become a regional gas hub.

State-run Polish gas firm PGNiG received its first and only US spot delivery of LNG from Cheniere Energy earlier this month.

US President Donald Trump is likely to lay the groundwork for new deals to sell LNG to Poland and possibly elsewhere in Europe during a visit to Warsaw next month.

Poland, which consumes approximately 16 billion m3 of gas annually, could be reselling the LNG it takes in Swinoujscie to Ukraine, when a cross-border link is developed, and then further to southern Europe.

The only long-term deal PGNiG has regarding LNG supplies is with Qatargas, which in March agreed to double deliveries to Poland to 2 million tpy.

The capacity of the Swinoujscie terminal is 5 billion m3, which will be expanded to 7.5 billion m3. Considering the 3 billion m3 of LNG deliveries from Qatar, there is still room for shipments from the US.

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