Saipem Seeks Additional Support from Poland for Świnoujście LNG Terminal

The Saipem-led consortium in charge of the construction of the LNG terminal at Świnoujście continues its arm-wrestling with Polish authorities over the schedule and the funding of the last phases of the construction. 

The engineering, procurement and construction contract was awarded to a consortium of Saipem, Techint, Snamprogetti, and PBG. Construction started in March 2011. The LNG terminal was scheduled for the end of 2014. 

"The LNG terminal will be ready to take the first loads in the summer, assuming that the consortium receives appropriate support from Polskie LNG and that financing of the terminal's full operations in the following months will be provided," Camilla Palladino told Rzeczpospolita as reported by Reuters. 

Polskie LNG, which is the company created by PGNiG in 2007 to construct and operate the LNG facility in Świnoujście, expects that the project will increase Polish energy security, reducing its reliance on Russia.