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Poland secures US LNG in quest for diversification

Poland’s third long-term LNG agreement with the US speaks volumes about both politics and energy security Poland’s third long-term LNG agreement with the US speaks volumes about both politics and energy security.
By Andreas Walstad 12 November 2018 0 33253
A tanker at Poland's LNG terminal An LNG tanker at Poland’s Świnoujście terminal. (Gaz System)

Polish state-owned gas company PGNiG signed its third long-term LNG agreement with a United States-based supplier last week, strengthening Warsaw’s political ties with Washington and reducing Poland’s dependence on Russian energy.

Under the agreement, Poland will import 520,000 tpa of LNG – around 700 million cubic metres per year after regasification – from Cheniere between 2019 and 2022 and around 1.45 mtpa – or 2 billion cubic metres per year – between 2023 and 2042. The LNG will come from liquefaction facilities at Sabine Pass in Louisiana...