Gaz-System starts FSRU terminal market interest

Gaz-System starts FSRU terminal market interest

Business Developments & Projects

Polish gas grid operator Gaz-System has launched a non-binding Market Screening for new transmission capacities as well as new regasification capacities of planned FSRU LNG terminal.

Illustration only. Courtesy of Polskie LNG
Gaz-System starts FSRU terminal market interest
Illustration only. Courtesy of Polskie LNG

Commissioning of the facilities is expected for 2026/2027 prospective, the company said in its statement.

Gaz-System added the Market Screening will look into the demand for new transmission capacities in the national transmission system (NTS), that would result from the development of a new FSRU facility.

The screening will also look into the new FSRU terminal’s integration with the transmission system by creating a physical entry point from the LNG terminal to the NTS.

The floating storage and regasification unit (FSRU) will be located in the area of Gdansk, Gas-System added.

It is assumed that the new LNG terminal will have a regasification capacity of at least 4.5 billion cubic meters per year. However, the final decision on the technical capacities of the LNG regasification terminal, and thus offered capacity, will depend largely on market interest submitted under this procedure and then confirmed in the binding phase of the market demand survey.

In 2020, the LNG terminal in the Gdansk area was entered by the European Commission on the fourth list of projects of common interest to the European Union (PCI status). PCI Projects list includes crucial infrastructure projects designed to improve security in the European Energy Market. The projects must also contribute to the implementation of EU Climate and Environmental Policy.