The paper shows the role of and the outlooks for the extension of Naftoport Oil Terminal in Gdańsk, Poland as well as the impact of the ongoing development on oil import options and, as a result, on the oil security of the country. The expansion of the oil terminal in Gdańsk is an extremely important project and the largest investment of this type in Poland. Key elements of the development of the terminal are: new transshipment stations and their enhancement, new oil tanks, the construction of the second oil pipeline running to the center of Poland, the development of crude oil technological installations, electricity grid, water and foam networks, sanitary networks, roads, and automation systems. The expansion of Naftoport significantly increases Poland’s oil security as well as import capabilities of the country, ensuring continuous oil supplies to Polish refineries, often at a lower price.