Base in San Diego Sempra announced on Monday that it would supply liquefied natural gas to the Polish state energy company, another sign of growing interest in U.S. supplies following Russia’s invasion of Ukraine.
Buyers who fear the import of natural gas from Russia, which has been hit by sanctions, have been turning to American gas in recent months as the war in Ukraine destroys an already tough market.
This year, the United States is expected to bypass Australia and Qatar as the world’s largest LNG exporter, supplying more than 12 billion cubic feet per day.
Simply provide PGNiGbased in Warsaw, with 3 million metric tons of LNG annually for 20 years under the deal.
About 2 million tons will be received from Sempra Cameron LNG The Phase 2 project is in Louisiana, while the rest will come from the Port Arthur LNG project in Texas.
The liquefied gas will be sent in special vessels to a floating installation for storage and regasification, which Poland plans to operate on the Baltic Sea near Gdansk.
LNG is one of the pillars of Poland’s plans to improve energy security as it seeks full independence from Russia’s gas supplier Gazprom.
Last month, Gazprom cut off supplies to Poland after Warsaw refused to switch to rubles.
“We are determined to continue in this direction, so we are working to have access to adequate volumes of gas in the future,” PGNiG CEO Yvonne Vaksmundzko-Oleynichak said on Monday.
PGNiG LNG supplies from U.S. suppliers currently amount to 318 billion cubic feet after regasification. The contract with Sempra will increase this by more than 40% to almost two-thirds of the needs of the Eastern European country.