PGNiG, ERU sign agreement: U.S. natural gas sold from Poland to Ukraine
Polish Oil and Gas Company (PGNiG) has purchased a cargo of liquefied natural gas from the U.S., and then, following regasification, sold the natural gas to Energy Resources of Ukraine (ERU).
The contracted LNG tanker will arrive at the President Lech Kaczyński LNG Terminal in Świnoujście at the beginning of November. LNG will be injected into the Polish transmission system after regasification, from where it will reach Ukraine and ERU via the gas connection in Hermanowice. Supplies to the Ukrainian partner will be carried out until the end of 2019, ERU wrote on its website.
Imports of liquefied natural gas to Poland are growing dynamically. While in 2016 LNG accounted for about 8.5 percent in the entire import structure, in 2018 it was over 20 percent. Since the commencement of the terminal in Świnoujście, PGNiG has already received nearly 70 LNG loads with a total volume of approx. 7.5 billion cubic meters. after regasification. More and more supplies are coming to Poland from the USA. While in 2018 PGNiG welcomed one spot delivery of American LNG, by the end of August 2019 it has already received four spot deliveries, and also one under a medium-term contract and one under a long-term contract.