PGNiG signs a PLN 2 bln deal with PGE
12:11
Polish state-controlled natural oil and gas company PGNiG has signed a contract with Poland's biggest power utility PGE for the supply of up to 2.2 bcm of natural gas, the companies informed in a statement.
The value of the agreement stands at PLN 2 billion and is valid until October 1, 2019 (with a possibility to be extended to January 1, 2023).
The supplies will go to PGE's heat-and-power plants in Lublin and Rzeszów.
PGNiG has been listed on the Warsaw Stock Exchange since 2005. PGE power group has been listed on the WSE since 2009.
