Poland: Ministers Visit Swinoujscie LNG Terminal Site

Poland Ministers Visit Swinoujscie LNG Terminal Site

On 17 May 2013, Wlodzimierz Karpinski, Minister of the State Treasury and Slawomir Nowak, Minister of Transport, Construction and Maritime Economy, paid a visit to the construction site of the LNG Terminal in Swinoujscie, the key project for the energy security of Poland.

This was the first visit to the construction site for Minister Karpinski after his appointment as a Head of Treasury Department. Both Ministers took part in the act of closing of the breakwater construction project within the LNG Terminal facilities, and monitored the progress of works on the terminal implemented by the multinational Consortium.

Minister Karpinski said he was pleased with the fact that the construction of the liquefied natural gas terminal in Świnoujście had substantially accelerated in recent months. He emphasised the fact that Poland undergoes rapid changes, sometimes – as in the case of the construction of the breakwater – resulting in the increase the size of our country. He added that the project currently implemented in Świnoujście demonstrates the appreciation of Polish know-how’s significance, as well as expansion of the state infrastructure to include over PLN 4 billion-worth LNG terminal.

RTEmagicC_lng_2013_05_17_nr_045_resize_02.jpgThe construction of the LNG terminal in Świnoujście has considerably accelerated in recent months. Over the last three months the increase of project progress reached 13,6 percent and it is currently determined at the level of nearly 60 percent. This upward trend also applies to the number of sub-contractors engaged in the construction work at the terminal. At present, the number of workers on the site ranges from 800 to 1000 and it doubled in comparison with the same period last year.

The most significant construction challenge undertaken at the site over the recent months has obviously been the concreting of both LNG tanks’ roofs. The first layer is already completed, and the second, final one is currently being put on the second tank. At the same time, assembly and welding works, predominantly involving gas-tight and thermal insulation inside both tanks are continued. Also in other terminal facilities the construction works are underway, comprising the assembly of steel piperacks, transmission pipelines and building the foundations. At the same time, the assembly of the steel structure for the platform around unloading arms in the marine part of the terminal is underway. The delivery of unloading arms is scheduled for the coming week, and their installation will begin in early June.

The construction of the LNG terminal in Świnoujście will allow to receive natural gas by sea from virtually any direction in the world. The first contract for the supply of liquefied natural gas from Qatar – signed between PGNiG and Qatargas – will guarantee the delivery of 1,5 bcm of LNG annually during a period of 20 years from 2014. The facility’s initial regasification capacity is designed to amount to 5 bcm, although the terminal is expected to expand its capacity up to 7.5 bcm by means of construction of the third cryogenic tank, and this way to satisfy approximately 50 percent of the current annual demand for gas in Poland.

Once the project is ready, Poland will gain access to the global LNG market, which will improve the country’s position in gas supply negotiations and extend sourcing opportunities.

Due to a relatively high regasification capacity of Polish terminal, being so far the largest and the most advanced project contributing to the extension of regasification capacity in the Baltic Sea, and the fact that the project coincides with Polish gas transmission system development plans, the Świnoujście plant is expected to have a substantial impact on the gas market in the region.

LNG World News Staff, May 21, 2013; Image: Polskie LNG

Share this article

Follow LNG World News

Events>

<< Dec 2016 >>
MTWTFSS
28 29 30 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

Floating LNG

Despite challenging market conditions, global capital expenditure (Capex) on FLNG facilities is forecast to increase significantly over the 2016-2022 period. The protracted oil price downturn has impacted the sanctioning of capital intensive liquefaction units over the last 24 months. However, the need to move towards cleaner sources of energy and diversify gas supply has stimulated the floating regasification market – over 14 countries are expected to commission their first floating import unit over the forecast period. Against this backdrop, SMi’s 5th annual Floating LNG conference will provide attendees with strategic insight on the latest developments within the FLNG market to optimise activities and ensure project sustainability and success. The two-day programme will also equip you with the tools to overcome the logistical, financial, technological and economic challenges associated with FLNG deployment and ensure succinct transition from design to operation.

More info

read more >

Fundamentals of LNG

Operational and commercial essentials of the Liquefied Natural Gas (LNG) sector – training course by tutored distance learning…

read more >

LNG Pricing, Trading & Risk Management: 2-Day Course

This is a highly practical course in which participants will receive and use the LNG Analysis Toolkit (TM), a suite of Excel templates and algorithms, to apply the concepts and techniques they will learn in the following areas:

  • Analyzing supply, demand, trade flows & pricing in the LNG markets
  • Constructing LNG forward market price & volatility curves
  • Pricing, structuring & negotiating competitive LNG supply contracts
  • Identifying & executing successful LNG trading and hedging strategies
  • Modeling & optimizing LNG position risk vs. reward
  • Profiling, measuring & hedging LNG portfolio risk

Our course is a truly unique professional development and learning experience that past participants have credited for boosting their knowledge, skills and productivity.

More info

read more >

CWC’s World LNG Summit & Awards Evening

Now in its 17th year, the CWC World LNG Summit & Awards Evening is recognised as the premier end of year gathering for the global LNG industry…

read more >