Saipem Says Needs More Money to Finish Poland's LNG Terminal
Monday, March 30, 2015
WARSAW, March 30 (Reuters) - Italian firm Saipem will complete the delayed construction of Poland's liquefied natural gas (LNG) terminal this summer, but only if it receives further payment, Polish daily Rzeczpospolita said, quoting Saipem's spokeswoman.
Saipem is leading the consortium which is building the terminal in the Baltic city of Swinoujscie.
"The LNG terminal will be ready to take the first loads in the summer, assuming that the consortium receives appropriate support from Polskie LNG and that financing of the terminal's full operations in the following months will be provided," Camilla Palladino told Rzeczpospolita.
Polskie LNG, which is owned by Poland's gas grid Gaz-System and is responsible for the investment, declined to comment, Rzeczpospolita said.
The terminal is Poland's flagship project in its plan to cut dependence on gas imports from Russia.
Poland said earlier this month it would not increase payments for the construction, which was supposed to be completed by the end of 2014 for a total of 2.4 billion zlotys ($636 million).
The daily also said, quoting unnamed sources, that apart from additional payments Saipem expects Poland to withdraw fines it imposed on the consortium for the delays.
CHART TRADER - 28 Mar 2015 - 16:22:59 - 31617 of 31624 Linksdean - 21 Dec 2013 - 21:55 - 3026 of 3027 rick the d*** banned from lse now basically told to f*** off from dahammys thread what a c** you are making of yourself with his name c..t=c**..****..all 3of you..yes sle is down but really lads or kids you really don't know what the f** is going on..soon all will be revealed..sp fluctuations at present chaff from wheat bozzos..just cutting deadwood out.of course you nonholders wouldn't know jack s**e about sle anyway..
>>>>>>>>>>> yep like before, not going to make that mistake again. U are the reason I post here embrace it and enjoy. When u come on here crying, I am achieving my aim, so stop crying and get on with your life as I intend to post here for a long time yet, well as long as SLE stay in business so it may not be that long. Just bad luck u picked on the wrong person to bad mouth.
yep like before, not going to make that mistake again...............................clear enough
your be saying your not chart trader from adfvn next!!.......nothing is banned from adfvn otherwise you would be by now nowt.....plenty of expleatives goes on its like the wild west.....yeehaa....and norman is the rootin tootin non holdin poster which show him up as a cowboy!...
Yep, to produce high methane u need access to a high methane gas pipeline.
No material water has been produced, and no hydrogen sulphide gas (H(2) S) has been recorded. Gas quality matches expectations and samples from previous wells in the field, at around 70% methane...................................
Opinion: No Opinion Price: 1.33 RE: no your moneyToday 02:01Yep, skint. Its called SLE. Its unfortunate, but you seem to revel in the glory that some twat like me has lost money in going from about 40p to 1p - not the noblest form to ramp a share is it? Thank fek I didn't pay attention to your bulloks at 40p, nor 20p, nor 10p, nor 5p, nor 3p. I just decided that time to exit was appropriate on my own counsel. Now you have to re-assure the common mug on here that you are going to be equally convinced taking it down from 2p, to 1p to 0.5p, to 0.25p, to 0.01p. Coz its going to happen, and i am going to pkay a very influential role in that!..........
make your own minds up if its the same guy..ct2=skint
These onshore gas fields typically produce high-methane gas and nitrogen rich (“low-methane”) gas at 60 production sites located throughout Poland.
During its peak, 1.3 BCM was produced annually circa 356,000 CM of gas per day ie about 12 million cubic feet daily. These fields typically produce 68% to 70% methane which is priced at around 6.5-7 $ per mcf, with some upside if part of nitrogen is removed. We are talking about long term sustainable production from onshore gas fields in Poland.
so Poland has high methane and low nitrified methane......but with the nitrogen part removed there is some upside...ie the $10mcf that JB states...imo
your posts are proving you have an agenda with sle norman (something I know lots about on adfvn with your aliases and you using a username similar to mine and posting your spew as if its from me ...devious as I have said about him before)....
folks if you remember a poster rickya a year or so ago!! who used to post here until banned...
this ct2 is the same guy.....will post his owning up to him being rickya.. which are again similar to kwids post regardin goin to have an influence on the downfall of sle..........will have to take out the swear words though..
Currently, the price of gas imported by Poland is one of the highest in Europe, exceeding 10 USD per thousand cubic feet yep... definitely the last time I looked Rawicz was still in Poland. The carry, plus a 10% return, will be repaid to PNR from half of San Leon's production revenues from the Rawicz field. In the event that there are no production revenues, the carry will not be repaid. yep definitely production revenues.
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