Polskie LNG S.A. will pay roughly PLN 40 million of the real estate tax

Polskie LNG S.A., the subsidiary belonging to GAZ-SYSTEM Capital Group, will pay roughly PLN 40 million of the real estate tax on facilities and structures, constituting the fixed assets of LNG Terminal, based in Świnoujście.

On January 31, 2017, the company submitted a tax declaration to the municipal authorities. By far, GAZ-SYSTEM group has supported construction investments appearing in the neighborhood of LNG Terminal, including a state-of-the-art Fire & Rescue Unit of the National Fire Service in Świnoujście as well as local initiatives:  „Fama” festival, Days of the Fortress on the Islands, International Lighthouse Day. In addition, the company has subsidized the “Safe City” program and the municipal hospital of Świnoujście.

Gas Transmission Operator GAZ-SYSTEM S.A. is a strategic company for the Polish economy, responsible for the transmission of natural gas and the management of the most important gas pipelines in Poland. GAZ-SYSTEM S.A. is also the owner of Polskie LNG S.A., a company established to build the Świnoujście LNG terminal.
As part of its 2015-2025 investment scheme, GAZ-SYSTEM S.A. is planning to build over 2,000 km of new gas lines in western, southern and eastern Poland. Further expansion of the domestic transmission system, including construction of new gas pipelines being part of the North-South Gas Corridor, as well as construction of interconnections with Lithuania, Slovakia and the Czech Republic, will enhance Poland’s energy security and contribute considerably to the development of the European transmission system.
In 2009-2015, GAZ-SYSTEM S.A. completed an investment plan consisting in the construction of over 1,200 km of new gas transmission lines in north-western and central Poland. The projects implemented by the company and the physical and virtual reversal on the Yamal pipeline have translated into a significant increase in technical import opportunities on routes other than from the East.


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