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PGNiG: 11th LNG spot delivery

The methane carrier Flex Rainbow transports about 64 thousand tonnes of LNG from Sabine Pass.

PGNiG: 11th LNG spot delivery PGNiG: 11th LNG spot delivery


Warsaw, February 12 - Neftegaz.RU. The methane carrier Flex Rainbow transports about 64 000 tonnes of LNG from Sabine Pass, USA. The cargo was purchased as part of a spot transaction. This is the 5th delivery this year so far – 3 came from the US and 2 from Qatar.

 

On February 12th, Polish PGNiG will receive another cargo of LNG at the LNG Terminal President Lech Kaczyński in Świnoujście. After regasification the supply equals to approx. 90 million m3 of natural gas. The cargo was purchased as a spot transaction (a single delivery contract) from Centrica.
 

«The cargo, which arrives on February 12th, is the 3rd spot delivery this year already, and the 11th of this type since launching of the terminal in Świnoujście. Spot contracts are the result of the work of our trading team working in London, which analyzes the situation on the global market and forecasts a further increase in the number of favorable offers for LNG supplies», said Maciej Woźniak, VP of the Management Board of PGNiG.

PGNiG imports LNG to Poland from Qatar, Norway and the USA on the basis of agreements with Qatargas and Centrica, as well as on the basis of spot contracts. This year, regular LNG deliveries from the USA will begin on the basis of a long-term contract with Cheniere Energy – 1 of 4 contracts signed by PGNiG with American partners in 2018.
 

The next LNG delivery to Świnoujście is scheduled for March 10th. The load will come to Poland as part of a long-term contract with Qatargas.

 

To read this news in Russian.

 

Source : Neftegaz.RU