Norwegian oil and gas platform in the North Sea
The supply volumes under the long-term agreement are equal to approximately 15% of the average annual gas consumption in Poland.
The agreement provides for the supply of 2.4 billion cubic meters of gas per year through the new Baltic Pipe pipeline, the opening of which is scheduled for next week – September 27.
The contract is valid from January 1, 2023 to January 1, 2033.
The volumes of deliveries under the new long-term agreement are equal to approximately 15% of the average annual gas consumption in Poland.
Baltic Pipe will start operating on October 1, and it is expected to reach full capacity with a maximum throughput of 10 billion cubic meters per year from January 1, 2023.
PGNiG has reserved about 8 billion cubic meters for itself. m. The company will provide part of these volumes with its own production in Norway, which now stands at 3 billion cubic meters. m, and in the future should increase to 4 billion cubic meters. m per year.
The rest of the capacity will be filled with gas from other suppliers, Equinor being the largest of them.
Recall that Poland will no longer buy gas from Russia. The contract with Gazprom expires in December 2022. Poland has been preparing for this for six years, the country’s authorities assured.
It was also reported that from April 27, Gazprom stopped gas supplies to Poland ahead of schedule due to its refusal to pay for gas in rubles.