LNG

Denmark, the pipeline natural gas and power market player involved in LNG trading and a bridge supplier of gas to Poland on the Baltic Pipe, has revealed its “mini tender round” for interested oil and gas companies to apply for a licence for a concession in the North Sea had flopped as the one company interested had withdrawn.

Denmark, the pipeline natural gas and power market player involved in LNG trading and a bridge supplier of gas to Poland on the Baltic Pipe, has opened a “mini tender round” for interested oil and gas companies who can apply for a licence for a concession in the North Sea.

Demark, one of the few European Union members in northwest Europe without LNG import infrastructure, said the nation’s consumption of natural gas fell by 29 percent last year and contributed to overall energy consumption falling by 1.5 percent as the nation improved its energy self-sufficiency.

The European Commission is paying Poland €3.85 billion ($4.04Bln) to support the initial aftermath of the shutdown of coal mines in five Polish regions as the nation increases LNG and pipeline natural gas imports as well as developming renewable energy sources.

Nov 4 (LNGJ) - The Baltic Pipe natural gas pipeline link between Norway and Poland was receiving steady flows of gas via the expanded Nybro gas terminal in Western Jutland in Denmark. The Danish Nybro terminal was receiving 5.8 million cubic metres of gas flows on November 4, according to data from Gassco, the Norwegian state-owned pipelines and terminals operator.

   The Norwegian gas can now be sent to Poland by Denmark’s gas network operator Energinet after the Nybro terminal start-up. The gas in the terminal is supplied from the Norwegian gas pipeline Europipe II in the North Sea. The gas is cleaned and the gas pressure is reduced at the Nybro terminal for onward transportation.

Asian spot liquefied natural gas cargo values adjusted to the front-month futures moving to December as Chinese demand was seen returning and European wholesale prices continued to be quoted at higher levels to Asia in the supply windows through to March 2023.

Oct 11 9LNGJ) - Polish import terminal operator Polskie LNG said it signed a contract with Germany-based equipment company Selas-Linde to deliver vaporisers for the expansion of the Swinoujscie facility on the Baltic Coast. The Swinoujscie terminal expansion will increase capacity to 7.5 million tonnes per annum of LNG from the current 5 MTPA. Plans for a floating storage regasification unit (FSRU) being deployed at the Baltic port of Gdansk are also being advanced.

   “LNG is an important element of the strategy of diversification of sources of natural gas imports to Poland,” said Piotr Naimski of the Polish Government’s Strategic Energy Infrastructure department. The LNG expansions will be complemented by another project called Baltic Pipe to supply Norwegian pipeline natural gas to Poland.

Norwegian gas network company Gassco said natural gas has now begun flowing through the Polarled pipeline, opening up a completely new province of pipeline gas supply to Europe from Norway in competition to LNG.

Gaz-System and Energinet, the gas transport operators in Poland and Denmark respectively, have both taken a decision to invest in the Baltic Pipe development overseen by Gassco, the Norwegian natural gas pipeline operator providing one of the main competitors to LNG shipments and Russian gas.