Poland's PGNiG finalises third deal on LNG from US
PR dla Zagranicy
Paweł Kononczuk
19.12.2018 18:14
Polish state-run gas giant PGNiG has finalised a 20-year contract for liquefied natural gas from US company Port Arthur LNG, the third such long-term deal with an American firm.
Pixabay.com/CC0 Public Domain/piviso
The contract follows an agreement PGNiG reached with Port Arthur in June.
Poland is striving to become independent of Russian supplies.
PGNiG will buy nearly 2 million tonnes of LNG annually from Port Arthur, public broadcaster Polish Radio’s IAR news agency reported.
Deliveries will start in 2023, IAR added.
Poland's annual natural gas usage is estimated at 17.5 billion cubic metres.
PGNiG last month signed a 24-year deal with American supplier Cheniere to buy liquefied natural gas from the United States.
In October, PGNiG signed a long-term agreement with two American companies.
Under that deal with two subsidiaries of the US-based Venture Global LNG company, the Polish gas giant aims to import up to 2 million tonnes of LNG from the United States annually over 20 years, public broadcaster Polish Radio’s IAR news agency reported at the time, citing PGNiG’s CEO Piotr Woźniak.
Poland and the United States in September pledged to step up cooperation on energy projects as part of a joint declaration on strategic partnership.
Poland aims to stop importing natural gas from Russia after 2022, according to officials.
(pk/gs)
Source: IAR