Polish PGNiG will buy gas from the USA, Qatar and Norway instead of Russia

The Polish state company PGNiG plans to buy gas in Norway, the USA, the European Union and Qatar instead of Russian gas. This is reported by BusinessCensor.

Recently, the company announced that it does not plan to extend the contract with Russia for the transit of gas that comes through the Yamal-Europe gas pipeline.

Poland annually consumes 15 billion cubic meters of gas. A third of this volume it produces independently on its territory, and imports the rest. The main supplier of gas to Poland is the Russian Gazprom, on the basis of a long-term contract with which the country can annually acquire 10.2 billion cubic meters of gas.

Since 2023, after the end of the gas contract with Russia, Poland will provide its demand for gas from other sources.

During the period from 2019 to 2028, Qatargas can supply about 3 billion cubic meters of regasified gas to Poland.

American Cheniere plans to increase gas supplies to Poland to 2 billion cubic meters in 2023.

Venture Global LNG (America), according to PGNiG, provides for supply from 2022 and growth to 2 billion cubic meters of gas per year by 2023, by 2024 – up to 4.5 billion cubic meters per year. Poland intends to buy another 3 billion cubic meters of gas from the American Sempra Energy from the Port Arthur LNG project – about 1 billion cubic meters of gas from 2023 to about 3 billion cubic meters in 2024.

In Norway, Poland expects to acquire up to 10 billion cubic meters of gas from 2023 (of which 2.5 billion cubic meters of gas are gas produced by PGNiG as part of the Norwegian concessions, Poland expects to buy another 7.5 billion cubic meters from other Norwegian producers).

Poland plans to receive gas from Norway through the Baltic Pipe gas pipeline under construction – its capacity is 10 billion cubic meters, it will pass through the territory of Denmark and Sweden, which will also take gas from it. The gas pipeline will come to the Polish city of Świnoujście, where the LNG terminal is located. 

Recall that Denmark has given permission to build an offshore section of the Baltic Pipe gas pipeline.

It was previously reported that Poland and the European Commission have signed an agreement to finance the Baltic Pipe gas project.

Tags: Gazprom, gas, contracts, hydrocarbon production, legislation, EU, USA, gas imports, energy market, gas transit, RF, foreign affairs, Gas market

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