GAZ-SYSTEM acquired FSRU terminal project

GAZ-SYSTEM has accomplished the tendering procedure related to the feasibility study for FSRU terminal project including preparatory works for project’s implementation. Its results and outcomes will be published by the end of the year.

The feasibility study for Floating Storage and Regasification Unit in Gdansk Bay covers all necessary aspects including preparatory works for the implementation of the strategic industrial project for Polish economy, allowing to import from 4,1 up to 8,1 bcm of LNG per annum to Poland and its neighbouring countries.

Completion of the works and the feasibility study acceptance are planned to take place in November this year. The operational activity of FSRU is foreseen to commence in the H1 of 2021, on condition that Final Investment Decision is made by GAZ-SYSTEM Management Board.

The estimated total costs of investment together with required infrastructure amounts to approximately EUR 700 M).

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