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15.06.2007
PGNiG representatives continue talks in Pakistan
On 15 June, President of PGNiG Krzysztof G?ogowski met inIslamabad with Mr Ahmed Waqar, Minister for Petroleum & NaturalResources of Pakistan. The discussion concerned the conditions forcurrent and future activity of the PGNiG Group in the Pakistani market.
14.06.2007
New opportunities for PGNiG Group in Pakistan
A PGNiG delegation led by President Krzysztof G?ogowski is
currently visiting Pakistan and discussing new opportunities to
strengthen the Group’s presence in the Pakistani market. The occasion
for the visit is marked by the celebrations of the tenth anniversary of
the Pakistani operations of the local Branch of PGNiG and the Oil and
Gas Exploration Company, Kraków (PNiG Krakow).
11.06.2007
PGNiG wins the bid for Bahariya exploration concession in Egypt
On 11 June, PGNiG SA was informed that the bid submitted by theCompany for exploration on Bahariya 3 Block in Egypt was accepted byEgyptian General Petroleum Company. It was the first bidding round forexploration concessions in Egypt PGNiG in which submitted its bid.
22.05.2007
PGNiG becomes member of the Executive Committee of Baltic Gas
On 22 May, the General Assembly of Baltic Gas elected PolishOil and Gas Company as member of the Executive Committee of theorganisation. The election was made during a meeting of twoorganisations – Baltic Gas and BASREC in Warsaw. The organisationsgather, respectively, gas companies of the Baltic Sea region andrepresentatives of the authorities of the Baltic countries. PGNiG washosting their joint meeting for the first time.
18.05.2007
Polish Oil and Gas Company signs an agreement with GB Petroleum Plc
On 17 May 2007, in Warsaw, Polish Oil and Gas Company signed an agreement with GB Petroleum Plc.
15.05.2007
Opening of CNG refuelling station in Lublin
On 15 May 2007, another refuelling station for compressednatural gas (CNG) was opened for use. The station is located at Al.Tysiaclecia 8 in Lublin. The new CNG station is the twenty third publicCNG refuelling station in Poland and the seventh one built by KarpackaSpó?ka Gazownictwa Sp. z o.o. (KSG), a subsidiary company of Polish Oiland Gas Company (PGNiG).
11.05.2007
PGNiG strengthens its financial position – financial results of the PGNiG Group for 1Q 2007
In the 1st quarter of 2007, the PGNiG Group generated a netprofit of PLN 787 million. This means a growth by 25 per cent comparingto the corresponding period in the last year
09.05.2007
Management of PGNiG decides to repay the Company’s debt
On 8 May, the Management Board of Polish Oil and Gas Company (PGNiG) adopted a resolution on reduction of the indebtedness of the Company through repayment of the EUR 600 million term loan facility from the Company’s own funds. These are different funds than the proceeds raised by the Company from the issue of the B Series shares.
02.05.2007
PGNiG and Energinet.dk reached agreement on Baltic Pipe
Polish Oil and Gas Company and Energinet.dk worked out anagreement with a view to the implementation of a direct gas pipelineproject between Poland and Denmark (Baltic Pipe).
26.04.2007
Separation of commercial activities from distribution – another step in trading integration process
PGNiG obtained a consent of the General Shareholders Meetingfor acquisition shares in the increased share capitals of six gastrading companies.
26.04.2007
Polish Oil and Gas Company in Forbes Global 2000 ranking
On 26 April 2007, Polish Oil and Gas Company (PGNiG) receivedan award for the largest companies ranked in the Global 2000 listpublished by the U.S. Forbes magazine.
16.04.2007
PGNiG signs a contract for oil sales to Rafineria Trzebinia SA
Polish Oil and Gas Company (PGNiG) signed an agreement with Rafineria Trzebinia SA for crude oil sales.
03.04.2007
Creation of the Community Consultation Board for development of the LNG terminal in Swinoujscie
Today, the founding meeting of the Community Consultation Boardfor development of the LNG terminal in Swinoujscie was held in the WestPomeranian Voivodeship Office in Szczecin.
29.03.2007
PGNiG establishes a company to develop the LNG terminal in Swinoujscie
The General Shareholders Meeting of Polish Oil and Gas Companyapproved the creation of a limited liability company under the name ofPLNG (Polskie LNG Sp. z o.o.) that will develop the liquefied naturalgas terminal in Swinoujscie, and subsequently will be responsible forits operation (regasification activity).
27.03.2007
Position of the Management Board of PGNiG SA concerning pay demands and profit appropriation for the year 2006
The Management Board of PGNiG SA informs that similarly as inthe year 2006, it has been consistently following the guidelines of thesalary increase policy. Consequently, the Management has proposed thatthe salary adjustment index for the employees of Polish Oil and GasCompany be set at 3.4 per cent, as compared to the forecasted inflationrate at the level of 1.9 per cent.
27.03.2007
Frame Agreement with Total E&P NORGE AS
On 27 March 2007, PGNiG and TOTAL E&P NORGE AS based inNorway entered into an agreement on the general terms and conditionsfor gas sales.
23.03.2007
Opening of the Representative Office in Brussels
On 23 March 2007 Polskie Górnictwo Naftowe i Gazownictwo SA(PGNiG), as the first Polish company of the energy sector, isofficially opening its permanent Representative Office in Brussels.
19.03.2007
Tender for expansion of the UGS facility in Wierzchowice
On 16 March 2007, Polskie Górnictwo Naftowe i Gazownictwo SA(PGNiG) announced a tender for expansion of the Underground Gas Storage(UGS) facility in Wierzchowice.
16.03.2007
Diversification as the way of making the energy sector independent of the politics - PGNiG at the FLAME 2007 Conference
The question of diversification of gas supply dominated thediscussion on gas market development in Central and Eastern Europeduring the FLAME 2007 conference held on 12-16 March 2007 in Amsterdam.
16.03.2007
Gas prices remain unchanged – extension of the Gas tariff validity
On 16 March 2007, the President of the Energy Regulatory Agency(ERA) published, in the ERA Gas Industry Bulletin, the decision onextension of the current Tariff, which was approved on 14 March 2007.The validity term of the current Gas Tariff of PGNiG SA has beenextended for further six months, i.e. by 30 September 2007.
