20.12.2018

GAZ-SYSTEM to be the gas transmission system operator until 2068

The President of the Energy Regulatory Office (ERO) issued a decision extending the license of GAZ-SYSTEM to transmit gaseous fuels and a decision  extending the period during which the Company will perform the function of the gas transmission system operator in Poland. Both decisions were issued on December 6, 2018, and extend the previous decisions being in force until 2030 by further 38 years - until December 6, 2068.

GAZ-SYSTEM is the sole gas transmission system operator in Poland designated by the President of ERO. The Company is an independent entity in terms of its legal and organizational form as well as  decision-making processes. According to the decisions of the President of ERO, GAZ-SYSTEM warrants efficient transmission system operation within Poland.

The applications being the basis for the issuance of both decisions by the President of ERO were submitted by GAZ-SYSTEM due to the need of  ensuring  licensed transmission operations during the upcoming 50 years. This need results from the Company’s involvement - along with the Danish transmission system operator, Energinet - in the Baltic Pipe project, which covers  i.a. the construction of an offshore  gas pipeline to connect the transmission systems of Poland and Denmark.

The positive decisions of the President of ERO enable the Company to operate on a long-term basis and to implement its investment plans whose primary aim is to diversify supply sources and routes  as well as to strengthen the national energy security.

GAZ-SYSTEM is a strategic company for the Polish economy. It is responsible for the transmission of natural gas, manages the most important gas pipelines in Poland and owns the President Lech Kaczyński LNG Terminal in Świnoujście.

As part of the 2015-2025 investment programme, GAZ-SYSTEM is constructing over 2000 km of new gas pipelines in the western, southern and eastern parts of Poland. Over a dozen new gas pipelines are under construction within the North-South Gas Corridor and the compressor station in Kędzierzyn Koźle, as well as interconnections with Lithuania and Slovakia. Onshore gas pipelines are planned to connect the planned FSRU floating terminal in the Gulf of Gdansk with the national transmission system. The LNG Terminal in Świnoujście is also being extended, as a result of which the regasification capacity of this facility will be increased by more than a half.

The company is also implementing one of the most important infrastructural projects in the country - the Baltic Pipe project which consists in the construction of a two-way offshore gas pipeline connecting Poland and Denmark, expansion of the local transmission network and three gas compressor stations.

 


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