Reuters: Poland may expand new LNG terminal to equal half its market

Poland may expand storage at a new liquefied natural gas import terminal to equal half its annual consumption after finding enormous interest in the market, the head of its gas grid said, as it moves to slash dependence on Russian imports.

Jan Chadam, chief executive of state-owned Gaz-System, said initial market screening showed enough interest in the 3 billion zloty ($934.7 million) terminal to potentially warrant adding a third storage tank after the plant is slated to open and to start importing LNG from Qatar next year.

The market query was carried out before the latest gas crisis between Russia and Ukraine, but the dispute is likely to increase Poland's push to find new sources to help power Eastern Europe's biggest economy.

"Interest was huge. It exceeded the re-gasification possibilities of the terminal," Chadam told Reuters in a recent interview.
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