CMS has advised gas transmission system operator GAZ-System in the process of selecting a supplier and executing a floating regasification unit chartering agreement with White Eagle Energy. Reportedly, Mayer Brown advised Mitsui.
White Eagle Energy is a part of the Mitsui O.S.K. Lines group.
According to CMS, "the project involves the construction of a floating terminal in the Gulf of Gdansk that will allow the unloading, in-process storage, and regasification of LNG. This will create a second LNG terminal in Poland, which is another important step towards the diversification of energy sources and the energy transformation of the Polish economy. The contract was executed for 15 years with the possibility of further extension and a guarantee of the right for GAZ-System to buy the FSRU."
The CMS team included Partner Marcin Bejm, Senior Associates Karol Jaworecki, Jakub Kot, Magdalena Czenko, and Pawel Ura, and Lawyers Dominika Markowicz and Laura Pytlinska.
