PGNiG intends to use the LNG to supply mainly industry, chemical companies, commercial power companies and users.
Faisal M. Al Suwaidi, chairman and chief executive officer of Qatargas said; We are very happy with this new market development, which will help fuel sustainable economic growth and development in Eastern Europe. Poland represents a new market for our premium LNG and further demonstrates our commitment to diversify our customer base while providing our customers with reliable alternative sources of energy supply.”
Michal Szubski, chairman and chief executive officer of PGNiG said: We are happy that successful negotiations with Qatargas led us to where we are today. The LNG import is an important element of the PGNiG strategy to diversify the supplies portfolio and to secure additional volumes for the growing market of natural gas in Poland. I believe that the SPA signing is only a beginning of the Qatargas and PGNiG long-term co-operation.”
Qatargas is currently under going an expansion program and had successfully commissioned its Train 4 in 2009. The company will see an increase of LNG production from 10 mtpa last year to 42 mtpa by the end of the decade.
