LNG 0.00% 4.3¢ liquefied natural gas limited

News: LNG European buyers of U.S. gas bristle at terms, page-16

  1. 5,630 Posts.
    lightbulb Created with Sketch. 3077
    Poland eyes second LNG import terminal

    Poland has set out plans to set up its liquefied natural gas import facility as it looks to moor an FSRU in Gdańsk.

    Polish secretary of state responsible for energy projects, Piotr Naimski, speaking at an energy forum in Belgium, said the country is planning to install a floating storage and regasification unit in Gdańsk capable of handling 4 billion cubic meters of gas, equivalent to 2.8 million tons per annum of LNG.

    Naimski noted the capacity could be expanded to 8 bcm and that the infrastructure will allow natural gas to flow further to the neighboring countries.

    Since the commissioning of its first liquefied natural gas import terminal, the President Lech Kaczyński facility in Świnoujście, Poland has been exploring the avenues to reduce the dependence on Russian natural gas imports and increasing its supply security.

    The country is currently making progress on the expansion of its first import facility. The terminal expansion includes three key projects; 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.

    Once the FSRU and the land-based facility are in full swing, Poland’s LNG import capacity will reach 15.5 bcm which will further be supplemented by the Baltic pipe project which will allow, as of 2022, the shipment of gas from the North Sea to the Polish market.

    www.lngworldnews.com/poland-eyes-second-lng-import-terminal/

    Agencies call for increased US LNG deliveries to EU

    A position paper issued by the American Petroleum Institute (API) and the International Association of Oil & Gas Producers (IOGP) is pushing for large-scale U.S. LNG exports to the EU’s gas market.

    The joint policy recommendations for the U.S. include for the Federal Energy Regulatory Commission (FERC) and the Department of Energy (DOE) to continue to enhance their established review and permitting processes while maintaining transparent and consistent approval timelines.

    The pair called for the US regulators to expand their executive branch agency efforts to promote U.S. LNG in EU countries and for executive branch agencies to promote streamlined approval processes to ensure the construction of critical energy infrastructure in a timely manner.

    “If we really want to reach our climate objectives in Europe, we need our policymakers to acknowledge the value and role of gas in both in the short and longer term. The U.S., the UK and others around the world have shown what an impact shifting from coal to gas makes from a CO2 emission reduction and air quality perspective,” said IOGP director of EU Affairs, François-Régis Mouton.

    For the EU, the joint policy recommendations include sending consistent signals expressing confidence in the medium and long-term role of natural gas in the EU energy mix, the paper reads.

    The two agencies have recommended the European Commission to work with member states to increase interconnectivity and to encourage public entities and businesses to use LNG and compressed natural gas (CNG) in transportation to reduce CO2 emissions and improve air quality as well as for the Commission to avoid restrictive gas quality specifications that could create unnecessary barriers for LNG to enter the EU.

    www.lngworldnews.com/agencies-call-for-increased-us-lng-deliveries-to-eu/
 
watchlist Created with Sketch. Add LNG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.