Polish Oil and Gas Company Group (PGNiG) signed a five-year contract with the UK’s Centrica LNG Company Limited. The LNG supply will be sourced from Cheniere Energy’s Sabine Pass LNG Terminal, USA (ticker: LNG).

The contract is on a DES delivery basis and will begin in 2018. Up to nine cargoes will be delivered during the term of contract to the President Lech Kaczynski LNG Terminal in Swinoujscie, where PGNiG recently booked additional regasification capacity.
After long-term contracts had previously led the way, deal signals a new level o...


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