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Gaz-System announces its plan for 2016-2025

15:51

Polish natural gas transmission operator Gaz-System has announced its plan of infrastructure development for 2016-2025, which assumes two variants, which will ensure gas supply for Poland from new directions, enhancing diversification and allowing the construction of a Polish gas hub. Tomasz Stępień, Gaz-System's CEO, said that the operator wants to invest PLN 1 billion - PLN 1.1 billion every year. The main plan includes the expansion of the LNG terminal in Świnoujście up to 7.5-10 billion cubic meters and the construction of gas pipeline (of 10 billion cubic meter capacity) with Denmark. This variant requires the construction of a warehouse, most likely in Damasławek (Wielkopolskie Voivodship). Meanwhile, the alternative plan assumes an increase of regasification capacity in Świnoujście to 7.5-10 billion cubic meters per year, as well as the installation of objects for regasification and gas storage (FSRU Independence) with a capacity of 10 billion cubic meters in the Gdańsk Bay. Some part of that gas company intends to export to Ukraine via Poland-Ukraine pipeline. For this purpose, the operator will need to build gas storage in Białogard. The investment decision must be made by the end of 2016, Gaz-System informed.

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