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Poland’s natural gas transmission system operator GAZ-SYSTEM has concluded agreements with Japan’s Mitsui O.S.K. Lines and Norway’s BW LNG as potential suppliers of the first floating storage regasification unit (FSRU), which will serve as a regasification terminal in the Gulf of Gdansk.
The two parties were selected in the first stage of a tender procedure for the FSRU, GAZ-SYSTEM revealed, noting that a process is still underway to select one supplier from the two pre-selected in the second stage, with which a charter agreement will be signed. Regasification services are planned to start in early 2028.
According to GAZ-SYSTEM, the agreements regulate the most important terms of the future charterparty, such as the vessel delivery date, the obligations of the parties, the consequences of delayed delivery, and the charter period.
The provisions of the term sheet do not constitute binding obligations for the parties but set out the “roadmap” for further negotiations of the charterparty, and their essential content will be reflected in the final charter agreement, GAZ-SYSTEM pointed out, adding that the company plans to conclude the final deal with one of the entities for a period of 15 years.
Marcin Chludzinski, GAZ-SYSTEM President, expressed confidence in the selection of the shipping companies and noted that the construction of the FSRU terminal in the Gulf of Gdansk is currently GAZ-SYSTEM’s most important investment project.
Anna Lukaszewska-Trzeciakowska, Government Plenipotentiary for Strategic Energy Infrastructure, stated: “We are just one step away from signing a charter agreement for the FSRU vessel for the terminal in the Gulf of Gdansk. Poland has greatly benefited from its consistent development of energy infrastructure. The implementation of the FSRU project complements the long-term strategy of diversifying the directions of blue fuel supply and building gas security for Poland and the region. It constitutes a counterbalance to Russian supplies in the region and provides new opportunities for the economic growth of our country.”
Yngvil Åsheim, BW LNG CEO, and Toshinobu Shinoda, Managing Director of Mitsui O.S.K. Lines, Ltd.’s Regional Head Quarter, MOL (Europe Africa), said they were honored to be shortlisted to contribute to the project in the Gulf of Gdansk.
To note, this FSRU is estimated to be capable of regasification of 6.1 bcm of gaseous fuel per year, and GAZ-SYSTEM has already signed the agreement covering the entire regasification capacity of the unit. |
