KRI announces gas infrastructure investment plans

Over the next few years we are ready for investments of a few hundred million złoty," said Robert Białczyk, KRI management board member and investments and development director. Funds obtained from the shareholders, mainly investment funds, will be designated for constructing LNG infrastructure and gas pipelines. The firm is mainly planning to connect industrial plants outside the scope of the Polish Oil and Gas (PGNiG). "Most of LNG is purchased from PGNiG's subsidiary in Odolanów. Some supplies are purchased in cryogenic tanks from Norway," said Białczyk. "Within 2-3 years we want to double sales. In the future, we plan to substantially boost our scale of operations so as to become a large private gas provider," added Białczyk.