![Gaz-System signs a charter agreement for the first FSRU in Poland - MarinePoland.com Gaz-System signs a charter agreement for the first FSRU in Poland - MarinePoland.com](https://www.marinepoland.com/zdjecia/artykul/2078/6990/1200x0/2/gaz-system.jpg)
Gaz-System signed a charter agreement specifying the terms of delivery and operation of the FSRU (floating storage & regasification unit) in the Gulf of Gdańsk. The contract was concluded with White Eagle Energy Ltd., a company from the Mitsui O.S.K. Lines group.
- The FSRU terminal is a
strategic investment that will meet the most urgent needs related to
ensuring the diversification and security of natural gas supplies to
both Poland and the region. This is expressed by the allocation of
funds from the KPO under the REPowerEU program for the construction
of the onshore part of the FSRU. Contracting by the LNG storage and
regasification units is another important stage of this project -
said Maciej Bando - Government Plenipotentiary for Strategic Energy
Infrastructure.
- The signed Time Charter
Party (TCP) agreement is the result of a very intensive tender
process initiated last year and many months of negotiations between
Gaz-System and Mitsui O.S.K. Lines. The contract specifies the
detailed terms of the charter of the first floating regasification
unit in Poland - noted Sławomir Hinc, President of the Management
Board of Gaz-System.
- The second LNG Terminal in
Poland will ensure the flexibility of natural gas supplies to Poland,
which is necessary to guarantee the continuity of supply to
recipients in each province and the safety of the national
transmission system - added President Hinc.
- By signing the TCP
agreement, we have achieved an important milestone. On this occasion,
I would like to express my appreciation for the commitment and effort
put into this process by both parties. Mitsui O.S.K. Lines
appreciates the opportunity to contribute to increasing Poland's
energy security. I believe that this agreement will allow Mitsui
O.S.K. Lines to use its extensive experience and knowledge from
implementing such projects around the world. We look forward to
developing this project with our valued partners and Gaz-System. We
are convinced that this is the beginning of a long-term relationship
based on trust, mutual respect and a shared vision of the future -
said Toshinobu Shinoda, Managing Director of Mitsui O.S.K. Lines,
responsible for Europe and Africa.
The FSRU terminal in the
Gulf of Gdansk will be of great importance not only for increasing
the energy security of our country and region, but will also provide
support for the ongoing process of decarbonization of the Polish
economy.
The unit that will be the
subject of the charter will have a capacity of approx. 170 thousand
m3 of LNG and a regasification capacity of approx. 6.1 billion m3 of
natural gas per year. The on-board devices for regasification of
liquefied natural gas will have a nominal capacity of no less than
783.5 thousand m3/h. The contract was concluded for a period of 15
years with the possibility of further extension. On the basis of the
charter agreement, Gaz-System also secured the right to buy the FSRU.
The construction of the ship
will be the responsibility of the South Korean shipyard HD Hyundai
Heavy Industries, with which White Eagle Energy Ltd. concluded a
parallel Ship Building Contract (SBC).
Mitsui O.S.K. Lines is a
group with a long tradition in the international shipping industry.
It manages one of the world's largest commercial fleets consisting of
almost 800 ships. The Mitsui O.S.K. Lines LNG carrier fleet consists
of almost 120 ships, including 7 FSRU's, and is the largest in the
world.
The FSRU terminal
construction project assumes the location of one floating FSRU
(Floating Storage Regasification Unit) in the Gulf of Gdańsk, which
will enable LNG unloading, process storage and regasification of LNG,
and will also be adapted to provide additional services. Gaz-System
will be responsible for the following project components: floating
FSRU terminal, hydrotechnical infrastructure, including a ship berth
(shore), offshore gas pipeline and onshore gas pipelines. The
Maritime Office in Gdynia is tasked with constructing a protective
breakwater.
The demand for the full
capacity of the FSRU unit was expressed by the Orlen group, which
placed an order covering 100% of the regasification services provided
by Gaz-System.
The FSRU terminal in the Gulf of
Gdańsk will guarantee stability and continuity of supplies and
diversification of energy sources to Poland and the CEE region. The
construction of gas infrastructure that enables the receipt of
liquefied gas from any direction in the world, as well as the related
expansion of the national transmission network, are treated as
strategic investments, key to energy security. The FSRU terminal in
the Gdańsk region is part of the process of energy and economic
transformation of the country, assuming a transition to less emission
energy sources.
The investment is being carried out using European Union funds. In November 2023, the European Commission included the onshore gas pipelines planned for implementation under the FSRU Program in the loan part of the National Recovery and Resilience Plan (KPO) in the REPowerEU chapter on the development of infrastructure necessary to meet the most urgent needs related to security of supply (component G3.2. - Improving energy infrastructure and facilities to meet immediate security of supply needs for gas).
Under the Connecting Europe
Facility (CEF), the European Commission awarded the LNG Gdańsk
project funding for the action called: "Pre-investment works to
obtain a building permit for the offshore part of PCI 6.27 LNG Gdańsk
(PL)". The maximum amount of support granted is approximately
EUR 19.6 million.