en.Wedoany.com Reported - Poland's natural gas transmission system operator Gaz-System has announced plans to build a second Floating Storage and Regasification Unit (FSRU) terminal in Gdansk Bay, with four companies signing long-term regasification capacity contracts for the facility, though their names were not disclosed.
Gaz-System launched a binding open season for the second FSRU's regasification capacity in March. In a statement, the company said that market participants' interest exceeded the initial offer of 39 windows per year, leading to a decision to increase the new terminal's regasification capacity from 4.5 billion cubic meters per year to 6.1 billion cubic meters per year. A total of 47 windows were contracted for the period 2030-2039, and 35 windows for 2040-2044. After Gaz-System raised the second FSRU's technical capacity to 58 windows, the total booking rate for the entire service period reached 74%.
Gaz-System stated that once the second FSRU is completed, Poland will have three LNG terminals with a total regasification capacity exceeding 20 billion cubic meters per year. Developing LNG infrastructure is part of a long-term strategy to strengthen Poland's energy security and build a modern natural gas market. The total regasification capacity of Poland's LNG terminals will not only meet domestic consumption needs but also support regional energy market development and the integration of natural gas systems in Central and Eastern Europe. Combined with extensive infrastructure access, including interconnection pipelines with Denmark, Germany, the Czech Republic, Slovakia, and Lithuania, Poland will have a natural gas import capacity of nearly 50 billion cubic meters per year from 2030.
Polish energy company PGE issued a statement late Tuesday saying it has signed an agreement with Gaz-System to secure regasification capacity at the second Gdansk FSRU. PGE said the financial commitment over an expected 15-year period from the start of operations of the FSRU-based terminal is approximately 2.8 billion zlotys ($744.7 million), with the agreement conditional on Gaz-System making a final investment decision on the project. Polish gas supplier Unimot Energia i Gaz, a subsidiary of Unimot, also announced it has signed an agreement with Gaz-System to secure access to the second FSRU, obtaining 12 LNG regasification windows per year for 15 years starting from 2030, with a total agreement value of approximately 2.1 billion zlotys ($558 million).
Gaz-System is building an FSRU-based terminal in the Gdansk region, designed to supply up to 6.1 billion cubic meters of natural gas annually through LNG regasification. Poland's Orlen has booked the entire regasification capacity of 6.1 billion cubic meters per year at the FSRU facility. Orlen is also the sole offtaker of Poland's first LNG import facility—Gaz-System's Swinoujscie LNG terminal. Last year, South Korean shipbuilder HD Hyundai Heavy Industries began construction of Mitsui O.S.K. Lines (MOL)'s 170,000 cubic meter FSRU, which will serve Gaz-System's Gdansk LNG project, and the shipbuilder launched the new unit last month. In April 2024, MOL signed a long-term FSRU lease agreement with Gaz-System.
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