Private investors are not willing to take part in large infrastructure projects as Poland has a bad investment climate. According to the ”Doing Business” ranking, Poland occupies only 76th place in this list of countries attractive for business.
Poland has to find a way to justify the existence of its LNG terminal, which does not bring any financial benefits to the state. Undoubtedly, the LNG deliveries through this terminal are less profitable than gas deliveries from Russia.
The gas terminal in Świnoujście is not sufficiently loaded and currently, the American LNG cannot replace the Russian gas.
This case is a part of the Kremlin's disinformation campaign about the Polish LNG terminal in Świnoujście and the Polish energy policy in general.
The construction of the LNG Terminal in Świnoujście was completed in 2015, which enabled Poland to start importing the LNG from the United States and Qatar. The functioning of this terminal has resulted in a visible reduction of the share of the Russian gas in total Polish consumption - 67% in 2018 and 58% in the first three quarters of 2019.
Throughout 2017-2019, Poland signed several large long-term delivery contracts with the LNG suppliers from Qatar and the USA. The increasing LNG import to Poland has caused the necessity to expand the regasification capacities of the LNG Terminal from 5 to 7.5 billion cubic meters per year.
According to the statement of the Head of the Polish state-owned energy concern PGNiG Piotr Woźniak, the deliveries of the American LNG are cheaper than the Russian gas by over 20%.
See more cases concerning the Polish energy policy including The concept of “energy security” has turned into an anti-Russian project, Polish authorities carry out the American will regarding LNG, Ukraine and Belarus, ECJ decided to limit Gazprom access to the opal pipeline made in the interest of the USA.