Page 7 - GLNG Week 23 2022
P. 7

GLNG                                         COMMENTARY                                               GLNG



















































                         has booked.
                           “Why are we not filling it all? If we used  end, a floating LNG terminal is planned in the
                         each interconnector in this way, we could dou-  Gdansk Bay and, possibly, another one in the
                         ble the amount of gas imported to Poland in  context of expected rise in gas demand from
                         relation to the needs. Diversification is also  Czechia and Slovakia.
                         the ability to choose, not to use an option to   The plans are causing friction with the
                         the maximum, but to leave some space to take  pro-climate movement, which says that bet-
                         advantage of [future opportunities] while secur-  ting too much on gas – regardless of its origin
                         ing the demand,” PGNiG’s deputy CEO Robert  – unnecessarily locks Poland into fossil fuels.
                         Perkowski told Biznes Alert on May 19.  The government’s response has been that ensur-
                                                              ing security of supply must be the key objec-
                         Piece of the puzzle                  tive before relying on renewables and nuclear
                         The Baltic Pipe is just one – even if a key – ele-  becomes a reality.
                         ment of the gas supply puzzle that Poland has   Poland has also strived to maintain a very
                         been putting together for some time now.  high level of gas storage. At nearly 96% today,
                           On top of gas flowing through the Baltic Pipe,  Polish gas storage tanks are the most-filled in
                         Warsaw expects to meet its annual demand of  the EU.
                         roughly 20 bcm with LNG imports via the ter-  “With the current level of supplies to the
                         minal in the north-western port of Swinoujscie,  European market, Poland will be able to import
                         which will soon be capable of handling 7.5bcm  gas from outside Russia not only through the
                         of gas annually.                     LNG terminals in Swinoujscie and Klaipeda
                           Poland also has some domestic production,  and the Baltic Pipe gas pipeline, but also from
                         amounting to roughly 3 bcm a year. The country  Germany via the reverse of the Yamal gas pipe-
                         has also a number of gas interconnectors – links  line and [also via] gas pipelines from the Czech
                         between national gas grids of tis neighbours –  Republic and Slovakia,” Biznes Alert wrote in an
                         with Germany, Lithuania, Slovakia, and the  analysis.
                         Czech Republic, allowing it receive, or send, gas   Russian supplies could be cut off entirely as
                         under the EU’s common gas market regulations.  a result of the EU’s plans to end dependency on
                           On top of domestic production and imports,  Russia, making delivers from outside of Russia
                         Poland still has plans to build more gas infra-  crucial.  That is when the Baltic Pipe’s strategic
                         structure to try to become CEE’s gas hub. To that  importance could play out in full.™



       Week 23   10•June•2022                   www. NEWSBASE .com                                              P7
   2   3   4   5   6   7   8   9   10   11   12