NATGAS: Slovakia's ZSE Signs Deal with Orlen Subsidiary for LNG Supply in 2025

Slovakian utility ZSE has signed a contract with PGNiG Supply & Trading, a subsidiary of Orlen, for the delivery of LNG for 12 months from January.

• The deal will cover approximately 30% of ZSE Energia's natural gas demand in 2025.
• The LNG supply will be delivered to the Klaipėda import terminal in Lithuania, where Orlen has long-term capacity, before the gas is piped from Lithuania to Poland and on to Slovakia via the Vyrava interconnector.
• "The contract marks the first time that a Slovak company imports natural gas from across the country’s northern border. The volume of gas covered by the contract represents approximately one-third of annual demand of customers served by the ZSE Group, the second largest gas supplier in Slovakia," Orlen said.
• Slovakia still largely depends on Russian pipeline deliveries and the deal could help diversify its supply sources and ease some of the risk from the end of the transit deal between Russia and Ukraine at the end of the year.