Polish gas company PGNiG is set to receive a spot cargo of U.S. LNG on Dec. 13 as part of plans to reduce its reliance on Russian imports and to become a bigger player in the LNG market.
PGNiG said the Hoegh Gallant tanker with 65,000 tonnes of LNG is nearing the Baltic Sea terminal of Swinoujscje.
The delivery will be PGNiG's third spot deal this year and seventh since the Swinoujscje terminal opened in 2015.
PGNiG has been buying LNG from Qatar, Norway and the United States on the spot market as well as under term contracts.
The company is "building a diversified LNG contract portfolio - not only in terms of the sources of supply but also the duration of contracts... (and) we are still interested in the opportunities that come out on the spot market," PGNiG Chief Executive Piotr Wozniak was quoted as saying in a statement.
Recommended Reading
Defeating the ‘Four Horsemen’ of Flow Assurance
2024-04-18 - Service companies combine processes and techniques to mitigate the impact of paraffin, asphaltenes, hydrates and scale on production—and keep the cash flowing.
Tech Trends: AI Increasing Data Center Demand for Energy
2024-04-16 - In this month’s Tech Trends, new technologies equipped with artificial intelligence take the forefront, as they assist with safety and seismic fault detection. Also, independent contractor Stena Drilling begins upgrades for their Evolution drillship.
AVEVA: Immersive Tech, Augmented Reality and What’s New in the Cloud
2024-04-15 - Rob McGreevy, AVEVA’s chief product officer, talks about technology advancements that give employees on the job training without any of the risks.
Lift-off: How AI is Boosting Field and Employee Productivity
2024-04-12 - From data extraction to well optimization, the oil and gas industry embraces AI.
AI Poised to Break Out of its Oilfield Niche
2024-04-11 - At the AI in Oil & Gas Conference in Houston, experts talked up the benefits artificial intelligence can provide to the downstream, midstream and upstream sectors, while assuring the audience humans will still run the show.