The Peninsula: Polish LNG terminal seeks more money

The consortium building Poland’s first liquefied natural gas (LNG) terminal is in talks to increase the amount it is being paid, but there is no risk to the completion of the project, one of the contractors said.

The import terminal is being built on Poland’s Baltic coast, at a cost of about 3bn zlotys ($974m), to cut the country’s reliance on imported Russian gas.

The consortium comprising Italy’s Saipem, Techint, and Polish construction firm PBG, is due to receive 2.4bn zlotys, according to the contract signed with entity that commissioned the project, state-controlled Polskie LNG.

“The discussion is conducted in a very good climate, because everybody wishes the terminal to be finished within the agreed schedule”, PBG spokesman Jacek Balcer said.
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