Current Report No. 36/2021
2021.09.02 10:54
Warsaw, September 2nd 2021
Conclusion of annexes to the LNG supply contract with Venture Global Plaquemines LNG, LLC and Venture Global Calcasieu Pass, LLC
Current Report No. 36/2021
Further to Current Report No. 32/2021 of July 27th 2021 the Management Board of Polskie Górnictwo Naftowe i Gazownictwo S.A. (“PGNiG”, the “Company”) announces that on September 2nd 2021 the annexes to the liquefied natural gas (“LNG”) supply contracts were signed by the Company with Venture Global Plaquemines LNG, LLC and Venture Global Calcasieu Pass, LLC (“Annexes”).
Signing of the annexes will cause increase in the volume of LNG supplies to PGNiG by a total of 2 million tonnes of LNG per year from planned liquefaction facilities:
• Calcasieu Pass LNG in Calcasieu Parish – increase in the deliveries from 1 to 1.5 million tonnes of LNG per year;
• Plaquemines LNG in Plaquemines Parish – increase in the deliveries from 2.5 to 4.0 million tonnes of LNG per.
As a result of conclusion of the Annexes, total volume of LNG supplies from Venture Global Plaquemines LNG, LLC and Venture Global Calcasieu Pass, LLC will reach 5.5 million tonnes of LNG per year, i.e. approximately 7.4 bcm of natural gas after regasification.
Legal basis:
Article 17(1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of April 16th 2014 on market abuse and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC
