PGNiG positions itself as LNG trader after US deals

An LNG tanker docks at the Swinoujscie terminal in Poland. (Gaz-System)

Poland’s PGNiG looks well-positioned to trade LNG cargoes following a series of supply deals with the United States and Qatar that far exceed the regasification capacity of the Swinoujscie terminal.

PGNiG announced on Wednesday that it had signed a deal to import around 1.5 mtpa of additional LNG from Venture Global’s Plaquemines plant on the Mississippi River in Louisiana. The volume equates to 2 billion cubic metres per year when regasified and supplements an existing deal for 1.35 bcm/y. The contract’s duration is for...