Locked content PGNiG signs PLN 4.8 bln extension deal with KGHM

WSE-listed, state-owned gas giant PGNiG sign PLN 4.8 billion deal with another state-run company, copper and silver miner KGHM for gas delivery. The contracts guarantee KGHM gas supplies until October 1, 2033. The new framework deal replaces the five long-term contracts between companies and unifies...

Locked content PGNiG reserves transit capacity for Baltic Pipe gas link

WSE-listed, state owned gas giant PGNIG has submitted a motion for reserving transit capacity in the Baltic Pipe gas link in the first phase of the Open Season procedure, the company said in a market filing. “PGNiG is planning to also take part in the second phase of the procedure starting September...

Locked content EU court rejects Polish bid to stop Opal deal

EU court dismissed Poland and PGNiG’s request to stop the deal, giving Gazprom bigger share in gas transit through the Opal pipeline. Back in 2009, the European Commission decided that 50 percent capacity of the Opal extension would be reserved for Gazprom and exempted from the EU law. The rem...

Locked content PGNiG: Gas sales volume was estimated at 5.63 billion m3 in Q2

Gas producer PGNiG recorded estimated sales volume of natural gas of 14.49 billion cubic meters in the first half of 2017 compared to 12.68 billion cubic meters recorded in the first half of 2016, PGNiG said. Just in Q2 , sales were estimated at 5.63 billion cubic meters compared to 4.71 billion cub...

Locked content Qatar LNG delivery reaches Świnoujście terminal

WSE-listed gas giant PGNiG has received a spot LNG shipment from Qatargas. Earlier in June, several Middle Eastern countries have blocked transport links to, and from Doha, blaming the tiny, oil-rich nation of supporting terrorism. This delivery was a spot shipment, not part of the regular long-term...

Locked content PGNiG launches production at Gina Krog deposit

WSE-listed gas giant PGNiG launched gas and oil extraction at Norwegian Gina Krog deposit, in which it has an 8 percent stake. The deposits are located 30 km from Norway shoreline and are located in a cluster of five gas and oil deposits in which PGNiG has shares. Recoverable reserves from Gina Krog...

Locked content Gas deliveries through Yamal pipeline resumed

The reverse-flow deliveries of Russian gas to Poland resumed on Friday, after a two-day suspension due to concerns over the gas quality. “From this afternoon on, the quality of natural gas that enters the gas transportation system of Poland corresponds to that foreseen in the contract,” Gazprom said...

Locked content PGNiG to seek compensation from Gazprom for low-quality gas

State-owned gas group PGNiG will seek contractual fines from Gazprom for failing to deliver a quality product which caused the reverse flows on the Yamal pipeline to be suspended. This year’s winter season is not affected right now. “If the break is low, then we should make up for it without a...

Locked content PGNiG extends PLN 7 bln gas deal with Grupa Azoty

State-owned, WSE-listed companies PGNiG and Grupa Azoty extended the gas delivery deal, potentially worth PLN 7 billion. The new contract will run till 2020, with the possibility to extend it by another 2 years. The gas delivered to Azoty’s unit in Puławy is estimated to be worth PLN 3.2 billi...