Polish Briefing 7 March, 2022 7:30 am   
COMMENTS: Mateusz Gibała

Polish Briefing: PGNiG will receive more LNG in Świnoujście | Poland can handle a stop to oil supply from the East


What goes on in Poland on the 7th of March.

PGNiG will receive more LNG in Świnoujście

As many as five loads of liquefied natural gas are planned to be collected in March by Polskie Górnictwo Naftowe i Gazownictwo (PGNiG). The President Lech Kaczyński LNG Terminal has already received the first of them, which provided 120 million cubic meter of fuel after regasification.

“In March we will pick up at the terminal as many as five LNG loads. This is a record – never before in one month have we accepted so many deliveries of liquefied natural gas,” said Paweł Majewski, president of PGNiG. “The possibility of importing LNG from reliable, trustworthy partners is of particular importance in the current situation from the point of view of the security of fuel supplies. The role of liquefied natural gas in PGNiG’s imports will continue to grow. It will also be possible thanks to the expansion of the gas terminal in Świnoujście, where from this year we have reserved regasification capacity at the level of 6,2 billion cubic meters annually. That’s over a billion cubic meters more than before,” Paweł Majewski explained.

Poland is secured in case of a lack of oil supplies from the east

Crude oil is being transported by pipeline from the east to Poland in line with the pumping schedule. PKN Orlen, Grupa Lotos and PERN monitor the situation on an ongoing basis and are prepared for every scenario. Poland has adequate reserves of the raw material and diversified sources of crude oil supplies. “Our country is protected against unforeseen situations in the area of ​​oil and fuels. This is possible thanks to the effective activities carried out by the key players on the Polish oil and fuel market,” an Orlen press release reads.

“The supplies of crude oil and fuels are secured, because in recent years we have been implementing activities aimed at the diversification of raw materials supply. In 2013, 98 percent of oil processed at the Płock refinery came from Russia. Today, its share of throughput is less than half. In this way, we ensure business stability and strengthen the energy security of not only Poland, but the entire region. Another step that will strengthen our position in this area will be the finalization of the merger of PKN Orlen with Lotos and PGNiG. One strong multi-energy company will effectively increase the security of the national economy in the area of ​​fuels and energy,” says Daniel Obajtek, president of PKN Orlen.