History of the investment

  • On 12 February 2009 Polskie LNG (currently GAZ-SYSTEM) received a Decision on the Environmental Requirements for Project Implementation for the marine part of the LNG Terminal, issued by the Regional Director for the Environmental Protection in Szczecin.
  • On 4 March 2009 Polskie LNG (currently GAZ-SYSTEM) received a Decision on the Environmental Requirements for Project Implementation for the onshore part of the LNG Terminal issued by the Świnoujście City Mayor.
  • On 15 July 2009 Polskie LNG (currently GAZ-SYSTEM) received a construction permit for LNG Terminal, issued by the Marshal of the West Pomeranian Voivodeship. The permit was validated on 4 August 2009.
  • On 20 August 2009 a multilateral cooperation agreement was signed by and between Polskie LNG, Gas Transmission Operator GAZ-SYSTEM S.A., the Maritime Office in Szczecin and Szczecin and Świnoujście Seaports Authority. This agreement sets the terms of cooperation between the signatories, in particular the material scope and schedules of individual projects constituting the construction of the LNG Terminal venture.
  • On 18 March 2010 an agreement was signed by and between Polskie LNG and PGNiG on providing regasification services and additional services by LNG Terminal.
  • On 10 June 2012 in Świnoujście an investment supervisory contract over the LNG Terminal construction was signed with WS Atkins Sp. z o.o. (Poland) – Atkins Ltd (the United Kingdom).
  • On 15 July 2010 a contract for Construction of the Liquefied Natural Gas (LNG) Terminal in Świnoujście was signed between Polskie LNG (currently GAZ-SYSTEM) (the Investor) and the Consortium of Saipem S.p.A (Italy) – Saipem S.A. (France) - Techint Compagnia Technica Internazionale S.p.A. (Italy) – Snamprogetti Canada Inc. (Canada) – PBG SA (Poland) – PBG Export Sp. z o.o. (Poland).
  • On 23 March 2011 a ceremony of laying the cornerstone of the LNG Terminal was held in Świnoujście.
  • On 10 October 2011 in Warsaw a contract worth PLN 456 m. was signed between Polskie LNG and the Oil and Gas Institute for co-financing the LNG terminal construction from Infrastructure and Environment Operational Programme.
  • On 30 November 2011 construction of concrete walls of the second LNG tank in Świnoujście Terminal was completed.

Merger of Polskie LNG and GAZ-SYSTEM

Following the directional decision of the Management Board of Operator Gazociągów Przesyłowych GAZ-SYSTEM S.A. on commencement of the merger process with its subsidiary Polskie LNG S.A., the Management Boards of both companies signed an agreement to adopt the Merger Plan on 21 October 2020.

  • On March 31, 2021, the companies merged pursuant to Article 492 § 1.1 of the Code of Commercial Companies.

The existing undertakings and activities of Polskie LNG S.A. will be continued by GAZ-SYSTEM as the legal successor of Polskie LNG.