BALTIC GAS

PROJECT

Baltic Gas

Baltic Gas Spółka z organiczoną odpowiedzialnością i wspólnicy spółka komandytowa (Baltic Gas) is undertaking the development of the B4 and B6 gas condensate fields in the Polish sector of the Exclusive Economic Zone (EEZ) of the Southern Baltic Sea. Baltic Gas is a joint venture comprising LOTOS Upstream Sp. z o.o. (previously: LOTOS Petrobaltic S. A.), and CalEnergy Resources Poland Sp. z o.o. The total quantities of natural gas originally in place may amount to 149 Bcf (4.2 Bcm). The appointment of Baltic Gas to undertake the Baltic Gas Project (BGP) development was initiated in Gdańsk on October 30, 2012, and was subsequently ratified on April 9, 2013. The results of Baltic Gas’s formation and appointment include authorization to:

Develop the B4 Natural Gas Deposit, Category C as approved and provided for in the Geological Investment Documentation by force of the decision by the Minister of the Environment of October 18, 2019 (ref. No.: DGK-IV.4741.157.2018.BG), and in accordance with concession 6/2007 issued by the Minister of Environment on May 11, 2007, first amended under Decision No. DGiKGe-4770-51/5164/08/MO on August 14, 2008 and assigned to Baltic Gas via Decision No. DGKw-4771-27/10135/13/AS on March 13, 2013, and subsequently amended on November 28, 2014 (Decision No. DGK-IV-4771-25/48256/14/AC), on July 25, 2017 (Decision No. DGK-IV.4771.3.2017.BG), and on July 18, 2018 (Decision No. DGK-IV.4771.41.2018.BG);
Develop the B6 Natural Gas Deposit, Category C as approved and provided for in the Geological Investment Documentation by force of the decision by the Minister of the Environment of November 12, 2019 (ref. No:DGK-IV-4741.158.2018.BG and in accordance with concession 2/2006 issued by the Minister of Environment on November 7, 2006, first amended under Decision No. DGiKGe-4770-52/5363/08/MO on August 29, 2008 and assigned to Baltic Gas via Decision No DGKw-4771-28/10133/13/AS on March 13, 2013, and subsequently amended on December 05, 2014 (Decision No. DGK-IV-4771-30/49227/14/AC), on July 25, 2017 (Decision No. DGK-IV.4771.4.2017.BG), and on July 18, 2018 (Decision No. DGK-IV.4771.42.2018.BG).

Baltic Gas Project

The Baltic Gas Project (BGP) provides for joint operations to be carried out through Baltic Gas, commencing with options screening and concept selection completed in mid 2014, and now continuing with front end engineering and design carrying on through project execution (engineering, procurement, construction and commissioning) to the operational production stage. The project will recover gas and condensate from B4 and B6 fields using wellhead platform structures of proven technology with the raw gas being transported through subsea pipelines to the mainland in Władysławowo for processing and delivery of sales gas, LPG and condensate products to regional customers.

The project will bring significant benefits to the community in terms of:

economic benefits to local business and employment;
strategic security of energy supplies; and
not least of all to the environment, through the reduction in emissions to the atmosphere associated with conventional power and energy sources.

Environment

Baltic Gas is committed to developing the Baltic Gas Project fully complying with Polish legislation and regulatory requirements, consistent with good international industry practices, to Polish and international codes and standards and respecting all regional and community values.

Baltic Gas was granted an Environmental Decision by Regional Director for Environmental Protection in Gdansk (RDOŚ) on May 16, 2014 for the B4 and B6 Offshore Development, reference no.: RDOŚ-Gd-WOO.4211.12.2014.ER.8.

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