LNG for PGNiG to Klaipeda terminal delivered

The delivery of almost 65 000 t of LNG from the US is a step towards further integration of gas markets in this part of Europe and strengthening of their energy security. The gas came from a liquefaction plant in Freeport, Texas.

Iwona Waksmundzka-Olejniczak, President of the PGNiG S.A. Management Board, said: “The first delivery of liquefied natural gas received by PGNiG at the regasification terminal in Klaipeda is an important milestone in the implementation of our strategy to build a strong position for the Group on the international LNG trading market. I believe that the cooperation between the PGNiG Group and Klaipedos Nafta, the terminal operator, will not only further the two companies’ business goals but will be a strong impulse for further integration of the gas markets of Poland and the Baltic States, increasing the region’s energy security based on diversified gas fuel supplies.

“Strengthening of our presence in Lithuania is also part of our plans to build a multi-utility group with PKN ORLEN, which is dynamically developing its business in this region as well,” she added.

The KN (Klaipedos Nafta, AB) operated LNG terminal is one of the key elements of Lithuania’s energy infrastructure. Its launch in 2014 paved the way for the emergence of a natural gas market in Lithuania, diversification of gas supply sources, and improvement of energy security across the region.

LNG brought for PGNiG by the LNG carrier Aristidis I will be reloaded into the tanks of the floating storage and regasification unit ‘Independence’ at the LNG terminal in Klaipeda, and then regasified and transferred to the transmission system. This is particularly important in view of the steps being taken by countries in the region to become independent of Russian gas supplies, as well as Gazprom’s discontinuation of gas deliveries to Poland.

Gas from the first cargo received by the PGNiG Group in Klaipeda will be supplied not only to the Polish market, but also to the Baltic State. Elenger, one of the major energy companies in the Finnish-Baltic region, has bought part of the LNG delivery for its customers.

“Cooperation helps to overcome difficult and revolutionary times on the European energy market. Being one of the fastest growing energy companies in the Baltic Sea region and an experienced LNG competence and infrastructure developer, Elenger is very happy to have found a strong partner in PGNiG, with whom we can deliver and transfer LNG to the region in order to improve gas supply security,” said Margus Kaasik, the head of Elenger group.

Source: https://www.hydrocarbonengineering.com/