Polskie LNG - The Commencement of the Tender Procedure Regarding the LNG Terminal Expansion Program

Polskie LNG - The Commencement of the Tender Procedure Regarding the LNG Terminal Expansion Program

PR Newswire

WARSAW, Poland, December 28, 2018

WARSAW, Poland, December 28, 2018 /PRNewswire/ --

Polskie LNG, the owner and operator of LNG terminal in Poland published the contract notice that officially commences the tender procedure with the view to select the contractor for the expansion of LNG terminal in Poland, Świnoujście.

Tender procedure concerning LNG Terminal Expansion Program  involves the delivery of three main components:

The tender process involves signing the contract with the selected Contractor by the end of 2019. Reaching the target capacity of 7.5 billion Nm3/year is planned in 2021. The other two projects are scheduled for completion in the second quarter of 2023. The LNG Terminal Expansion Program is to be implemented under the "design and build" formula. The overall objective of the said projects will allow Polskie LNG to offer new services to domestic and foreign customers alike.

- The President Lech Kaczyński's LNG terminal in Świnoujście is devised to shape the LNG market not only in Poland, but also in the entire region. The demand for natural gas in Central and Eastern Europe and in the Baltic Sea region is constantly growing. New functions of the plant will allow us to respond to that demand and more importantly - we will be the first facility to offer such a broad range of services. said Paweł Jakubowski, CEO of Polskie LNG.

Graphic: http://www.polskielng.pl/fileadmin/pliki/newsy/pl/Zdjecia_IV_2018/LNG_Terminal_in_Swinoujscie_Functional_Expansion_Program.jpg

More details: https://polskielng.eb2b.com.pl/open-auctions.html

Contact:
Michał Łoniewski
+48(22)5898412
michal.loniewski@polskielng.pl

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