PGNiG trades Norwegian for German gas delivery

Polish Oil and Gas (PGNiG), which signed this contract in May 1999, said that gas deliveries from this source will be discontinued. This time the company plans to sign a contract with German gas distributor Verbundnetz Gaz. "Of three offers for gas delivery, VNG's was the most beneficial in terms of price," revealed PGNiG spokesperson Tomasz Fill. For the next two years VNG will deliver up to 500 million cubic meters of gas annually. PGNiG said that it will stay in contact with Norway, as the government plans to sign a long-term contract with Norwegian firms, thanks to which a pipeline will be built between the two countries. The construction of this pipeline would ensure security of energy supply for Poland. (Puls Biznesu, p.8) A.K.