Venture Global LNG.

PGNiG signed agreements with Venture Global Calcasieu Pass, LLC and Venture Global Plaquemines, LLC to purchase another 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) for 20 years. As a result, the volume of LNG contracted from Venture Global LNG by PGNiG is to increase to 5,5 Mtpa.

In 2018, PGNiG – Polish Oil and Gas Company signed two long-term contracts with Venture Global LNG for the purchase of liquefied natural gas. One of them relates to receiving cargoes of LNG from the terminal at Calcasieu Pass in Louisiana, which is due to start operations in 2022. On 21st of February 2019, the […]

Kommersant wonders why US liquefied gas will not replace supplies from Gazprom to Poland. It argues that deliveries from Russia must be cheaper. However, even from its own calculations, it appears that the Yamal contract is more expensive – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

For a 20-year term, Polish Oil and Gas Company (PGNiG) will receive liquefied natural gas from the USA for domestic customers or for resale. Under the agreements, PGNiG will purchase LNG on a free on board (FOB) basis starting from the commercial operation date of the Venture Global Calcasieu Pass LNG export facility, currently expected […]