by ENERGY REPORTERS
The strategy is clearly an effort to loosen Russian gas export giant Gazprom’s grip on European fuel supplies while boosting orders for more expensive US LNG, extracted through the environmentally ruinous process of fracking.
Jakub Przyborowicz of Gaz System made the announcement for the project, which is due to be completed by 2025, during the European Gas and LNG Summit in Amsterdam this week.
The proposed LNG project envisages a new 4.5 billion cubic metres (bcm) per year terminal to float in Gdansk Bay to be built by Gaz System subsidiary Polskie LNG.
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