Foundation stone for PERN Oil Terminal in the Port of Gdansk

27.03.2014

With high officials of the Republic of Poland present, on 26 March 2014 a foundation stone for PERN Przyjazn SA Oil Terminal was ceremonially laid in the Port of Gdansk. The ceremony was attended by Prime Minister Donald Tusk accompanied by Mr Wlodzimierz Karpinski, Minister of State Treasury, and Mr Tadeusz Aziewicz, Chairman of the Parliamentary Treasury Committee. In the presence of Mr Mieczyslaw Struk, Marshall of the Pomerania Region, the foundation document was signed by Mr Ryszard Stachurski, Governor of the Pomerania Region, and managers of the investment, namely Mr Marcin Moskalewicz, President of the Board of PERN Przyjazn SA and Mr Andrzej Napierski, President of the Board of IDS-BUD which is the leader of the consortium selected to implement the project.

A symbolic ceremony inaugurated the first phase of the investment. By the end of 2015, six crude oil tanks of 375 thousand cubic metres in capacity and ancillary infrastructure will have been constructed in the immediate vicinity of the Liquid Fuel Terminal in the Northern Port.

The second phase of the project provides for the construction of successive tanks of 325 thousand cubic metres in capacity to store oil-based substances, aviation fuel JET-A, bio-additives for fuels and chemicals, a rail siding and a station for road tankers. This phase is projected to be completed in 2018.

Implemented on a 28-hectare plot leased from Port of Gdansk Authority SA, the project is the first investment of this kind in Poland and one of sixteen to be completed in the world. As a result, Poland will join the group of countries trading in crude oil, fuels and chemicals on an international scale. Prime Minister Donald Tusk said: "The terminal will make Polish economy more competitive as it is part of the programme designed to diversify the sources of electricity, natural gas and liquid fuels. Additionally, it is a fundamental part of Poland's energy security. Therefore, it is of great importance that a nearly billion zlotys' worth of the Gdansk terminal is fully funded with Polish capital and it will be operated by a company solely owned by the State Treasury."

Janusz Kasprowicz
PGA SA PR Officer