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Poland gets LNG loan

8th October 2012
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Polish state-controlled gas grid operator Gaz-System has received the final round of financing it needs to start building Poland’s first liquefied natural gas terminal, securing a €75 million loan from the European Bank for Reconstruction and Development. The terminal is expected to start importing gas from Qatar in 2014. “What this project really represents is a choice for Poland to receive one third of its gas from a country other than Russia for the first time,” EBRD managing director for energy and natural resources Ricardo Puliti told Reuters.


From Warsaw Business Journal

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