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Polish Briefing 22 July, 2020 11:00 am   
COMMENTS: Mateusz Gibała

Polish Briefing: Launch of market screening for the new FSRU

What goes on in Poland on the 22nd of July.

Gaz-System launching of non-binding market screening for new regasification capacities of FSRU

GAZ-SYSTEM launches non-binding Market Screening for new transmission capacities as well as new regasification capacities of planned LNG Terminal (FSRU). Commissioning is expected for 2026/2027 prospective.

On 20 July 2020 the company launches non-binding Market Screening for new transmission capacities in the National Transmission System (NTS), which may be made available as a result of making available regasification capacities of LNG Terminal FSRU type along with its integration with the transmission system by creating a Physical Entry Point from the LNG Terminal to the NTS. The floating storage and regasification unit (FSRU) will be located in the area of Gdansk

It is assumed that the new LNG Terminal will allow regasification of at least 4.5 billion m3 per year, but the final decision on the technical capacities of the LNG regasification terminal, and thus offered capacity, will depend largely on market interest submitted under this procedure and then confirmed in the binding phase of the market demand survey.

In 2020, the LNG Terminal in the Gdansk area was entered by the European Commission on the fourth list of Projects of Common Interest to the European Union (PCI status). PCI Projects list includes crucial infrastructure projects designed to improve security in the European Energy Market. The projects must also contribute to the implementation of EU Climate and Environmental Policy. More information available on the GAZ-SYSTEM`s PCI website.