GAZ- SYSTEM S.A. is buying pipes for the construction of strategic gas pipelines

Photo of the article On 10 May 2012, the Gas Transmission Operator GAZ-SYSTEM S.A. signed a partial agreement for the supply of insulated steel pipes. The agreement was signed with a Consortium comprising of the following companies: Izostal S.A. (Consortium leader); IMPEXRUR S.A., ArcelorMittal Tubular Products Ostrava a.s. and concerns the supply of insulated steel pipes 700 mm in diameter for the Szczecin-Gdańsk gas pipeline Stage 2 Karlino-Koszalin, and Stage 3 Koszalin-Słupsk. The value of the partial agreement amounts to almost 46.7 mln PLN net.
The partial agreement was signed as a result of concluded framework agreements with contractors selected by an open procurement procedure in the scope of supply of gas pipelines 700 and 800 mm in diameter.
The framework agreements will be valid and binding for a term of two years. Given orders are being carried out under separate partial agreements concluded each time after acceptance of the most advantageous offer for given batches of pipes. The framework agreements were signed for the purchase of gas pipelines directly from the producer, which will enable GAZ-SYSTEM S.A. to speed up the investment works and improve the cost effectiveness of the project.

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Gas Transmission Operator GAZ-SYSTEM S.A. is a strategic Polish Company responsible for natural gas transmissions throughout Poland. The Company manages assets worth approx. 5 bn PLN comprised mainly of elements of the transmission system, e.g. more than 9.7 thousand km of high pressure pipelines, 15 compressor stations, 56 hubs and 970 exit points. The Company employs over 2,000 persons. GAZ-SYSTEM S.A. is also the owner of the Polskie LNG S.A. Company, which was established to construct the liquefied natural gas terminal (LNG) terminal in Świnoujście.

GAZ-SYSTEM S.A. is planning to construct over 1,000 km of new gas pipelines by 2014. The most important will be in north-west and central Poland (Szczecin–Lwówek, Świnoujście–Szczecin, Szczecin–Gdańsk, Rembelszczyzna–Gustorzyn, and Gustorzyn-Odolanów). The development of the gas transmission network in Poland may constitute an important element of the North - South Gas Corridor connecting the LNG terminal in Świnoujście with the planned Adria LNG terminal through the transmission infrastructure of Central European countries.

In 2011, GAZ–SYSTEM S.A. completed the construction of the Włocławek–Gdynia gas pipeline and the gas compressor station in Goleniów and the gas compressor station in Jarosław. The Company has also opened the new Poland–Czech Interconnector, which will enable the transmission of approx. 0.5 bcm of gas annually. GAZ-SYSTEM S.A. has also developed gas pipelines in Lower Silesia, which will enable the off-take of greater amounts of gas from the western direction. It is possible to transport up to 1.5 bcm of gas annually (the earlier capacity amounted to 0.9 bcm of gas annually) via the Lasów point on the Polish-German border.

Investments fulfilled by GAZ-SYSTEM S.A. in 2011 with their possibility of using virtual reverse flow services on the Yamal pipeline have created the technical possibilities to import over 3.3 bcm of gas annually to Poland from new sources (approx. 30% of the currently performed import).

GAZ-SYSTEM S.A. is the joint organiser of the 10th International Gas Infrastructure Europe Conference, which will be held on 24 – 25 May 2012 in Cracow, Poland. The GIE Conference has for many years been the most important and most prestigious events in the European energy sector and the first such event organised in Poland.  The main theme of the Conference will be the role of natural gas as a clean and ecological source of energy for the future of the economy in European Union states. More information about the Conference is available on the following website: http://www.gie.eu/index.php/annual-conference-2012-home

Contact:
Małgorzata Polkowska
Spokesperson for GAZ-SYSTEM S.A.
phone + 48 22 22 01 546, mob. + 48 691 911 217
e-mail: pr@gaz-system.pl