PGNiG and Polskie LNG will expand Świnoujście terminal

Polskie LNG and Polish Petroleum and Gas Mining (PGNiG) signed a letter of intent with regard to expansion of the liquified natural gas terminal in Świnoujście. The two companies will cooperate on the building of a third storage tank and transshipment services. Both sides have been considering PGNiG's capital investment in the development of the LNG terminal infrastructure. Although delayed, the terminal is scheduled to begin operation next year, according to ISBnews. Ultimately, it will receive 5 billion cubic meters of natural gas annually.