Gdańsk and Śwonoujście gas terminals to be ready this year

Crude oil terminal in Gdańsk and the LNG (liquefied natural gas) terminal in Świnoujście will be delivered by the end of the year, said State Treasury Minister Włodzimierz Karpiński. "I am convinced, and it is my goal to see this investment [crude oil terminal in Gdańsk] and the gas terminal completed in 2015," Karpiński told ISBnews agency. The oil crude terminal is 67 percent ready, gas terminal is 97 percent completed, the minister also informed. In early February, the PERN's CEO Marcin Moskalewicz informed that the LNG terminal will be launched at the beginning of 2016. The terminal based in Gdańsk is the first Polish real sea crude oil hub which will be used for storing and trans-shipment of crude oil, oil products and chemicals. Its total capacity is approximately 700,000 sqm, including 375,000 sqm of crude oil and 325,000 sqm of other products. A state-controlled PERN "Przyjaźń" is one of the leading companies for oil transportation and storage in Poland. The LNG terminal in Świnoujście is one of the largest infrastructure investments in this part of Europe. Its initial regasification capacity is to reach 5 billion sqm and account for one-third of Poland's natural gas demand.