Poland's ORLEN reinforces protection of LNG provisions with 2 additional vessels

2022-12-15 07:05:15

(MENAFN) The Polish energy firm ORLEN is not going to present two additional liquefied natural gas (LNG) ships to its fleet at the start of the upcoming year, the firm declared on Wednesday.

In a company announcement, it stated that a naming ceremony was hosted in Ulsan, South Korea, for both LNG vessels ordered, which is going to bring the figure of LNG tankers in the fleet to eight within the next three years (2025).

“ORLEN, which has its own LNG ship fleet, will be able to efficiently manage shipments to Poland and strengthen its position in the global LNG market,” the announcement mentioned.

The additional services are part of a constantly functional LNG import plan to deliver oil and natural gas provisions in the nation, where 100 percent of its gas is shipped from outside Russia.

“The shipments currently meet about 30 percent of our country's demand. LNG supply is secured not only through contracts but also by developing our own fleet. These ships, built for our private use, ensure the stability of transportation and strengthen the company's position in the global LNG market,” according to Daniel Obajtek, ORLEN's chief executive.

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