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Poland inks LNG deal with US to ease gas reliance on Russia

Poland inks LNG deal with US to ease gas reliance on Russia

Poland's state-run gas firm PGNiG said Wednesday it had sealed another long-term deal for liquefied natural gas (LNG) deliveries from the United States in a bid to ease its reliance on Russian supplies.

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20.12.2018 08:43 AM

Poland's state-run gas firm PGNiG said Wednesday it had sealed another long-term deal for liquefied natural gas (LNG) deliveries from the United States in a bid to ease its reliance on Russian supplies.

PGNiG and Port Arthur LNG, a subsidiary of San Diego-based Sempra Energy, announced in a joint statement that Poland will buy an annual 2 million tonnes of LNG -- or 2.7 billion cubic metres after regasification -- for 20 years from the US firm.

"In recent months this is the third contract we have signed with a long-term partner from the USA," Maciej Wozniak, PGNiG vice-president for trade, said in the statement.

"This agreement marks an important step toward Poland's energy independence and security," US Secretary of Energy Rick Perry added in the statement.

Poland currently sources about two-thirds of its gas from Kremlin-backed Russian energy giant Gazprom.

The purchases from Port Arthur are due to begin in 2023, or a year afer Warsaw's current contract with Gazprom is set to end.  

PGNiG also signed a 24-year deal for LNG deliveries from the Texas-based Cheniere Marketing International last month, as well as a 20-year deal with the US-based Venture Global LNG in October.
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