Poland’s natural gas transmission system operator GAZ-SYSTEM has closed the submission phase for binding offers for its FSRU 2 project due to insufficient number of binding orders

FSRU 2 binding season, which was launched in July 2023, was opened to confirm the interest of the market place. However, the numbers didn’t satisfy the aim, therefore GAZ-SYSTEM anounced that they closed the submission for binding offers and put the project on hold.

In its statement the company said,“The procedure did not result in GAZ-SYSTEM obtaining binding orders at a sufficient level to proceed with the implementation of the FSRU 2 project. Nevertheless, the interest in the regasification services declared by the Participants imply that discussions may be continued in the future.”

GAZ-SYSTEM is working on building the FSRU 1 terminal in the Gdańsk area, which will provide an annual regasification capacity of up to 6.1 bcm of gaseous fuel. Whereas, according to GAZ-SYSTEM, FSRU 2 project was estimated to provide an additional annual regasification capacity of 4.5 bcm.

OFFSHORE ENERGY