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 cubic meters a year earlier. The volume of crude oil production in the first half of this year stood at 615,000 tons against 676,000 tons a year earlier. The company also sold 24.4 PJ of heat in H1 2017, compared to 21.5 PJ in the corresponding period of 2016. PGNiG has been present on the Warsaw Stock Exchange since 2005. The Group is engaged in the extraction of natural gas and crude oil in the country, the import of natural gas into Poland, the storage of gas in underground gas storage, the distribution of gas fuels, and the development of natural gas and oil fields in the country.