Norwegian gas for Poland
April 19, 2017
Listed oil and gas company PGNiG and listed fuel group Lotos are planning to participate in the open season procedure, soon to be announced by the Polish gas transit systems operator Gaz-System and its Danish partner Energinet, in order to reserve gas transit capacity in the Baltic Pipe between Denmark and Poland which is a key part of the so-called Norwegian Corridor to be used to import gas from Norway to Poland, daily Rzeczpospolita reports. The new pipeline’s capacity is planned to reach 10 billion cubic meters with its total cost in the region of PLN 10 billion according to the Danish media. PGNiG will definitely take part in the open season procedure since the company wants to import large quantities of gas this way to replace more than 8 billion cubic meters of gas per annum imported under its contract with Russia that expires in 2022. PGNiG wants to import gas both from its own deposits as well as gas purchased from other companies. Also Lotos is planning to import Norwegian gas extracted from its own deposits with the company’s needs reaching 0.8 billion cubic meters per annum.