Locked content Gaz-System completes construction of Czeszów-Wierzchowice pipeline

  Gaz-System has completed the construction of the Czeszów-Wierzchowice gas pipeline, the company has announced. The value of the investment is PLN 91 million. The Czeszów-Wierzchowice high-pressure gas pipeline, about 14 km in length and 1,000 mm in diameter, is located in the Lower Silesian V...

Locked content PGNiG gas and oil sales up in IV 2016

Polish Oil and Gas Company (PGNiG) sold 7.37 billion cubic meters of gas in the fourth quarter of 2016 compared to 6.54 billion cubic meters in the same period of 2015. Sales of natural gas in the whole of 2016 amounted to 24.36 billion cubic meters, which was up slightly from 23 billion cubic meter...

Locked content PGNiG signs PLN 7 bln contract with Orlen

Natural gas group PGNiG and fuel group PKN Orlen will sign a five year contract for gas deliveries, whose total value could exceed PLN 7 billion, PGNiG announced in a filing. The deal will be valid from October 1 until September 30, 2021 and will terminate a 1997 deal that was to expire at the…...

Locked content Poland aims to end long-term gas supplies from Russia after 2022

Poland does not plan to renew a long-term gas supply contract with Russia when its current deal with Gazprom expires in 2022, a government official responsible for gas and power infrastructure told Reuters on Monday. “We will be aiming at a situation where a long-term contract becomes a thing ...
Image : PGNiG

PGNiG and PAN to cooperate on natural resources

WSE-listed Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) is beginning to cooperate with the Polish Academy of Science (PAN) on the search and  extraction of energy resources , especially liquid and gaseous hydrocarbons. PGNiG said it wants to uphold its hydrocarbons exploitation target of 4 bln cu...
Image: wikipedia

Poland and the Baltics to build pipeline

The Financial Times said that Poland, Lithuania, Latvia and Estonia are going to sign a deal to build a strategic gas pipeline. The pipeline construction is to start next year and be completed by 2019.

Record turnover on TGE power exchange

Poland’s commodities exchange (TGE), also known as the Polish Power Exchange, reported a record turnover regarding electricity and gas markets, according to the press release.

Locked content PGNiG sold 248,000 tons of oil and 6.82 billion cubic meters of gas

State-owned PGNiG sold 248,000 tons of oil in Q4 2014, versus 401,000 tons a year before. The natural gas sale amounted to 6.82 billion cubic meters, compared with 4,48 billion m³ in 2013, the company announced. In the last 12 months, PGNiG increased its oil sale to 1.169 million tons from 1.105 mil...

Locked content PGNiG to enhance oil and gas production

WSE-listed PGNiG set to increase daily oil and gas extraction to 150,000 barrels of oil equivalent (BOE) until 2022 from 90,000 BOE currently. To reach the target, the company plans acquisitions abroad, mainly in Europe, North America and South-West Asia, Zbigniew Skrzypczewicz, PGNiG vice-president...

Locked content French Total enters Polish market

French oil and gas company, Total S.A, plans to set up a chain of gas stations in Poland. Although the company currently owns two filling stations in the country, it aims to initiate a large-scale expansion. “Our first target is 100 petrol stations in the next 2 years,” Thibaud de Lisle, the CEO of ...