Polish Oil and Gas Company (PGNiG) has received another supply of U.S. liquefied natural gas from Cheniere, continuing the cooperation between the two companies to provide secure supplies of natural gas to Poland. Under the contract, starting from 2023 the annual LNG volume to be delivered by the US producer will increase to 1.95 bcm after regasification.
PGNiG and Cheniere Energy have been working together for several years. At the end of 2018, both companies concluded a long-term LNG supply agreement, and the first cargo under this contract arrived in July 2019. In the meantime, PGNiG received a few spot supplies of LNG produced by Cheniere. The current delivery is the third under a long-term contract between PGNiG and Cheniere signed in 2018. According to the agreement, the volume of supplies covers a total of around 0.7 bcm in the entire period of 2019 2022, and throughout the period of 2023 2042 it will cover a total of approx. 39 bcm of natural gas after regasification, i.e. approx. 1.95 bcm after regasification annually.
