PGNiG to increase oil production in Norway
10:29
One of Poland’s largest natural gas and crude oil producers, the Polish Oil and Gas Company (PGNiG) wants to extract upwards of 3 billion cubic meters of gas per year from deposits in Norway, said the company’s Vice President, Janusz Kowalski, said over the weekend. “Today, we extract 0.5 billion cubic meters of gas, and we would like to increase that to between 2.5 and 3 billion beginning January 1st,” Kowalski told reporters at an industrial forum in Karpacz. The planned increase in extraction, he said, would be in effect through to 2023. PGNiG has access to 18 deposits across Norway, including having licenses to drill in the Barents Sea.