Date: 5 months ago   Category: Energy

The Polish PGNiG will sign the new contract for delivery of the American LNG — Rambler News Service


Photo: The Polish oil and gas company PGNiG will sign with globallookpress.com/Jaap Arriens on November 8, 2018 the new contract for delivery of the liquefied natural gas (LNG) from the USA, the head of the Polish company Pyotr Wozniak has told journalists. "Tomorrow we sign the contract with Americans on LNG" — Wozniak whose words are cited by the Polish edition Wyborcza has told. At the same time the head of PGNiG hasn't specified on what conditions it is supposed to sign the contract. As it was reported earlier, in June of the current year PGNiG has signed agreements on purchase on 2 million tons of the liquefied natural gas (LNG) a year at the American companies Port Arthur LNG and Venture Global LNG. Both American companies realize projects on construction of the LNG terminals in the Gulf of Mexico which commissioning is planned for 2022 and 2023. In the middle of October of PGNiG has concluded agreements with the American companies Venture Global Calcasieu Pass and Venture Global Plaquemines LNG (both are controlled by Venture Global LNG) on delivery of 2 million tons of LNG annually within 20 years. LNG will be delivered on the terms of Free on Board (FOB) from two terminals - Venture Global Calcasieu Pass LNG which has to begin work in 2022, and Venture Global Plaquemines LNG which is planned to start in 2023.

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