In February, Poland – Russia’s oldest natural gas buyer – announced it does not intend to import Russian natural gas after their current long-term deal ends in 2022. Russia’s loss is now Texas’ gain, as Poland’s state-run gas firm PGNiG announced earlier this week that it signed long-term agreements with U.S. Port Arthur LNG and Venture Global LNG:
“Under the agreements, PGNiG will conduct talks with both the American companies regarding provisions of the purchase of 2 million tonnes of LNG annually from each firm over 20 years, the Polish company said. Cargoes from the Port Arthur LNG facility being developed in Jefferson County, Texas, will be supplied starting 2023, while supplies from Venture Global LNG will be delivered from Calcasieu Pass and Plaquemines LNG export facilities in Louisiana, which are expected to be completed in 2022 and 2023 respectively.”
American natural gas is expected to take over a large portion of the natural gas used in Poland annually:
“Deliveries of 4 million tonnes of LNG from both U.S. firms will correspond to a total of 5.4 billion cubic metres (bcm) of gas and compare with around 16 bcm of gas being used in Poland annually.”
The Environmentalist Left has spread misleading claims in opposition to proposed LNG export terminals in Texas, such as U.S. Port Arthur LNG, which will help Poland eschew dependence on Russian natural gas. Despite these efforts, this announcement is a crucial victory to advance America’s geopolitical standing and to help weaken Russian influence in Europe.
