EU grants funds for Polish LNG terminal expansion

EU grants funds for Polish LNG terminal expansionImage courtesy of Polskie LNG

The European Commission has approved €128 million to support the expansion of the Polish LNG terminal in Świnoujście.

Polish LNG terminal operator, Polskie LNG has already launched a tender procedure to select a contractor for three key projects within the first Polish LNG import facility, which includes the construction of the third LNG storage tank, delivery of additional process installations increasing the regasification capacity to 7.5 billion cubic meters per year, and the LNG transshipment installation together with a railway siding.

Reaching the target capacity of 7.5 bcm/year is planned for 2021, while the other two projects are scheduled for completion in the second quarter of 2023.

The expansion program involves also the construction of a fourth component, the second jetty for loading and unloading of LNG carriers, LNG transshipment and handling LNG bunker vessels and providing bunkering services.

The Commission approved the aid for the initial construction of this LNG terminal in 2011.

The increase in capacity was included in the list of Projects of Common Interest of the European Union as part of the Baltic Energy Market Interconnection Plan (BEMIP) corridor.

Share this article

Follow LNG World News

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 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 1

2nd Central and Eastern European Small Scale LNG Forum

The Forum is for LNG industry leaders, who want to keep up to date with Small-Scale LNG latest trends and many other topics!

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >