What Gaz-System does

Gaz-System

Name

Gaz-System

Legal name

GAZ-SYSTEM S.A.

Website

https://gaz-system.pl

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Gaz-System (GAZ-SYSTEM S.A.) is Poland's state-owned Transmission System Operator, managing the national high-pressure gas network (KSP/SGT), the Świnoujście LNG terminal, the Baltic Pipe subsea pipeline, the FSRU under development, and gas storage via subsidiary Gas Storage Poland, serving industrial, power-generation, distribution, and regional gas customers.

Ownership category

akta.pro rank

Product category

Natural Gas Transmission Infrastructure

NAICS

Pipeline Transportation of Natural Gas (4862), Pipeline Transportation of Natural Gas (48621), Natural Gas Distribution (22121)

SIC

Natural Gas Transmisison & Distribution (4923), Natural Gas Transmission (4922)

akta.pro primary industry

Natural Gas Transmission System Operators (TSO) / Network Balancing (TLAGACAC)

akta.pro secondary industries

Network Construction, Replacement & Uprates (Capex Programs) (EUAJABAL), Natural Gas Compressor Stations & Metering/Regulation Stations (TLAGAKAD), City Gate Stations & Interconnects (Transmission-to-Distribution) (TLAGADAK)

Keywords

• Natural gas transmission
• LNG regasification services
• Pipeline infrastructure operations
• Transmission system operator
• Gas storage services

Headquarters

HQ city

Warszawa

HQ country

Poland

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Gas Transmission Services (KSP & SGT): GAZ-SYSTEM generates revenue by providing regulated natural gas transmission services through the National Transmission System (KSP) and Transit Gas Pipeline System (SGT). Transmission tariffs are approved by the Energy Regulatory Office (URE). The company also provides balancing and laboratory services.
2. LNG Regasification Services: Revenue from regasification services at the LNG Terminal in Świnoujście, including unloading LNG from tankers, storage, and sending regasified natural gas to the transmission network. Services include regasification (long-term and spot), additional services, and PoS (sustainability chain) services. Tariffs are regulated and approved by URE.
3. Storage Operations (via Gas Storage Poland): GAZ-SYSTEM owns Gas Storage Poland, the operator of natural gas storage facilities, generating revenue from gas storage services.
4. Balancing Services (Branice entry point): Tenders for balancing services related to gas deliveries at the Branice entry point to the transmission system, generating revenue from balancing service contracts.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

GAZ-SYSTEM is Poland's designated Transmission System Operator (TSO), operating the National Transmission System (KSP) and the Transit Gas Pipeline System (SGT), which comprise thousands of kilometers of high-pressure gas pipelines and compressor stations. The company also operates the LNG Terminal in Świnoujście (regasification capacity of 8.3 billion Nm³/year and 500,000 m³ of LNG storage) and the bidirectional Baltic Pipe submarine pipeline connecting Poland to Denmark. It is developing the FSRU Terminal in the Gulf of Gdańsk (minimum 6.1 billion Nm³/year) and owns Gas Storage Poland. Services are sold under URE-regulated tariffs to industrial customers, power plants, distribution operators, traders, and shipping companies.

Product overview

GAZ-SYSTEM is Poland's designated Transmission System Operator managing the national gas transmission network. The company operates a multi-product infrastructure portfolio centered on the LNG Terminal in Świnoujściu (8.3 billion Nm3/year capacity) and the developing FSRU Terminal in Gdańsk Bay (6.1 billion Nm3/year). Core products include the submarine Baltic Pipe connecting Poland to Denmark, the National Transmission System (KSP), Transit Gas Pipeline System (SGT), and Gas Storage Poland. The company provides transmission services, capacity allocation, market information, and laboratory services. Digital platforms include the Procurement Platform, Gas Inside Information Platform, Information Exchange System (SWI), and GSA secondary market platform. Emerging products cover biomethane and hydrogen markets. The LNG Terminal Expansion Program (completed 2025) increased capacity to 8.3 billion Nm3/year. The FSRU Terminal is planned for commissioning in late 2027/early 2028. The company is also developing a third LNG terminal.

Differentiator

Problem solved

Functional benefit

Brands

• Baltic Sea Gas Corridor: Gas transmission corridor connecting Poland with Baltic Sea region countries
• Amber Gas Corridor
• FSRU Terminal

Products and services

• LNG Terminal in Świnoujście (Terminal LNG im. Prezydenta Lecha Kaczyńskiego) Poland's primary LNG import facility in Świnoujście. Handles LNG unloading from tankers, cryogenic storage (500,000 m³ across three tanks), regasification using Submerged Combustion Vaporizers, and injection of regasified natural gas into the National Transmission System. Provides long-term and spot regasification, LNG transshipment, truck loading, and ship bunkering services to industrial customers, gas traders, and shipping companies under URE-regulated tariffs.
• FSRU Terminal Gdańsk Floating Storage Regasification Unit terminal under development in Gdańsk Bay. A permanently moored vessel capable of LNG unloading, storage, and regasification, connected via approximately 3 km of subsea pipeline to the onshore transmission system. Designed capacity of at least 6.1 billion Nm³/year. Will provide additional LNG regasification capacity to customers through Open Season capacity allocation procedures.
• Baltic Pipe Submarine gas pipeline connecting Poland and Denmark under the Baltic Sea, part of the Norwegian gas supply corridor to Central and Eastern Europe. Bidirectional gas transmission capability enables both import of Norwegian gas to Poland and onward transit to the region.
• National Transmission System (KSP) Poland's national high-pressure gas transmission network operated by GAZ-SYSTEM, comprising thousands of kilometers of high-pressure pipelines and compressor stations. Provides regulated gas transmission services to industrial customers, power plants, and distribution system operators. Customers formally apply for transmission services and sign regulated transmission agreements.
• Transit Gas Pipeline System (SGT) High-pressure transit pipeline network enabling gas transmission across Poland and supporting international gas trade and transit flows to neighboring countries.
• Gas Storage Poland Underground gas storage facilities operated by Gas Storage Poland, a wholly owned subsidiary of GAZ-SYSTEM. Provides gas storage capacity services to balance supply and demand across the Polish gas system.
• Biomethane Services Services related to biomethane injection and transport through the gas network, supporting the energy transition and decarbonization goals.
• Capacity Allocation Services Services for allocating transmission capacity at interconnectors and within the transmission system, including capacity allocation at interconnectors and secondary market trading of capacity rights for shippers and traders.
• Laboratory Services Gas quality testing and analysis services for customers to ensure compliance with transmission network specifications.
• Market Information Services Market transparency and information services including data transparency, knowledge base, EIC Local Issuing Office, current consultations, and REMIT reporting for market participants.
• Amber Gas Corridor Gas corridor connecting Poland with Lithuania and Slovakia, enabling gas transmission and enhancing regional energy security through diversified supply routes.
• Baltic Sea Gas Corridor Gas corridor in the Baltic Sea region facilitating LNG supplies and gas distribution across Northern and Central Europe.

Quantifiable outcome

• LNG Terminal in Świnoujście processes 8.3 billion Nm³/year, with expansion enabling additional 2.5 billion Nm³/year imports from diverse global sources
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Instytut Nafty i Gazu – Państwowy Instytut Badawczy (INO-GAZ PIB)coreStrategic or Co-development Partner · 24 April 2019INO-GAZ PIB acts as the implementing institution for EU co-funding from POIiŚ. On 24 April 2019, Polskie LNG (now GAZ-SYSTEM) signed a co-financing agreement for the LNG Terminal Expansion project 'Rozszerzenie funkcjonalności terminalu LNG w Świnoujściu', securing 460,999,999.99 PLN in EU grant funding. INO-GAZ PIB also serves as an implementing institution for FEnIKS program and handles complaints related to EU-funded projects.
• Zarząd Morskich Portów Szczecin i Świnoujście S.A.coreStrategic or Co-development Partner · 1 April 2019Partnership for construction of the new berth (Nabrzeże) at the LNG Terminal in Świnoujście as part of the expansion program. The Maritime Ports Authority is responsible for the marine infrastructure (breakwater, quay wall), while GAZ-SYSTEM builds the berth and loading/unloading facilities. The agreement was signed in December 2018, with ongoing cooperation for port operations and LNG vessel access.
• Urząd Morski w GdyniminorStrategic or Co-development PartnerThe Maritime Office in Gdynia is responsible for constructing the breakwater for the FSRU terminal in the Gulf of Gdańsk. This is a complementary infrastructure project supporting the FSRU marine operations.
• Polska Spółka GazownictwacoreStrategic or Co-development PartnerPolska Spółka Gazownictwa is the largest distribution system operator in Poland, receiving gas from GAZ-SYSTEM's transmission system and distributing it to end consumers. GAZ-SYSTEM, as TSO, provides the upstream gas supply that Polska Spółka Gazownictwa distributes, making this a core operational partnership in Poland's gas value chain.
• Saipem / Techint / PBG ConsortiumcoreStrategic or Co-development PartnerConsortium of Saipem S.p.A., Saipem SA, Techint Compagnia Tecnica Internazionale S.p.A., Snamprogetti Canada Inc., PBG SA, and PBG Export Sp. z o.o. was the main EPC contractor for construction of the LNG Terminal in Świnoujście. Contract signed on 15 July 2010. PORR S.A. and TGE Gas Engineering GmbH consortium handled the expansion (SCV project and tank construction).
• PORR S.A. / TGE Gas Engineering GmbH ConsortiumcoreImplementation/ SI/ Consulting PartnerConsortium contracted in February 2020 for the SCV (Submerged Combustion Vaporizer) project, and in June 2020 for the onshore and offshore expansion of the LNG Terminal. PORR/TGE consortium handled construction of the third LNG tank (180,000 m³) and related infrastructure.

Scale indicators15 records

Recent moves9 records

Expansion highlights6 records

Emerging players

• Gate Terminal: Joint-venture LNG terminal at Rotterdam port (Netherlands), one of Northwest Europe's largest. Comparable as an LNG regasification facility in the Baltic/NW European gas corridor, though operates as a stand-alone terminal rather than integrated TSO.
• Naftogaz: Ukrainian state-owned oil and gas company involved in transmission, storage, and production. Highly relevant as a counterparty driving GAZ-SYSTEM's recent thirteenfold surge in transit volumes to Ukraine.

Direct peers

• Enagás: Spanish TSO operating the country's gas transmission network, LNG regasification terminals, and storage facilities. Comparable as a regulated gas infrastructure monopoly with LNG terminal operations and cross-border interconnector capacity.
• GRTgaz: French gas TSO (subsidiary of ENGIE group) operating the majority of France's high-pressure gas transmission network. Comparable as a major European TSO with regulated monopoly status and similar business model to GAZ-SYSTEM's transmission operations.
• DESFA: Greek national gas TSO operating the country's transmission system and the Revithoussa LNG terminal. Comparable as a smaller European regulated gas TSO with LNG terminal operations and cross-border interconnector links.
• Gasunie: Dutch and German gas infrastructure operator (Gasunie Deutschland / Gascade) operating transmission, LNG, and green gas networks. Comparable in combining regulated transmission with LNG terminalling and active hydrogen infrastructure development.
• Snam: Italian natural gas transmission system operator with regulated monopoly status, operating one of Europe's largest high-pressure gas pipeline networks. Snam is directly comparable to GAZ-SYSTEM in core TSO business model, regulatory structure, and infrastructure-driven economics.
• Fluxys: Belgian gas TSO operating transmission pipelines, LNG terminalling (Zeebrugge), and gas storage across Belgium and Northwestern Europe. Highly comparable as a multi-country regulated gas infrastructure operator with combined transmission, LNG, and storage services.
• Open Grid Europe: Germany's largest gas TSO operating a ~12,000 km high-pressure pipeline network. Comparable as a regulated transmission monopoly within a major European gas market with cross-border interconnections.

Regional players

• Swedegas: Swedish gas TSO operating limited transmission infrastructure in southern Sweden. Comparable business model but serves a much smaller gas market than Poland, with no LNG terminal operations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/120426

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gaz-System