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PGNiG considering import of LNG gas from the USA

22:35

Poland’s largest gas company PGNiG is considering imports firom the USA and claims that the earliest delivery of LNG gas could take place in 3–4 years.

 
According to PGNiG CEO Mariusz Zawisza, the price of American gas may be attractive compared to agreements with Qatargas and Gazprom. The Yamal contract signed with Gazprom, expires in 2022. 
 
“We will gauge our partner’s willingness to renegotiate based on the relations between the Russian firm and other nations. We are seeing lowered prices in Lithuania and Italy,” said Zawisza. “Judging by volume of received gas, we are third behind Germany and Italy. Our accounts are settled in a timely manner. We are counting on a lowered price,” he added.
 
For twenty years, PGNiG will buy gas from Qatargas at a rate of 1.3 billion cubic meters per year. This delivery will commence in January of 2015. However, the building of the LNG terminal in Świnoujście is delayed and should be available for commercial use in May or June of 2015.
 
Poland A.M.

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