Flow test results from Rizq-2 appraisal well in Pakistan exceed expectations
The appraisal well flowed at a rate four times faster than during initial testing. Once connected to the production facilities, the well will add approximately 140,000-170,000 m3 to PGNiG’s daily natural gas output in Pakistan (around 124,000–148,000 m3 of high-methane equivalent). Total production from PGNiG’s Pakistani fields will reach 1 mcm of natural gas per day (approximately 850,000 m3 of high-methane equivalent).
Statement of President of the Management Board, PGNiG
on the incident in Austria
PGNiG starts drilling new production well in Pakistan
A fifth well in the Rehman field will allow the company to increase its natural gas output. PGNiG is currently producing almost 0.5 mcm of natural gas per day from Pakistani fields, with a total of over 300 mcm extracted since mid-2013. All gas output is sold on the local market.
Baltic Pipe economic testing finalized with a positive result – a stepping stone for PGNiG strategic project of Norwegian Corridor
With the positive result, capacity booking procedure for the Norwegian Corridor is finally confirmed. The corridor will bring natural gas from Norwegian continental shelf and the North Sea to Poland.
PGNiG signed a 5-year contract for LNG with Centrica
The Polish Oil and Gas Company Group (PGNiG) has signed a five-year contract for LNG supply sourced from Sabine Pass LNG Terminal, USA, with Centrica LNG Company Limited (Centrica).
PGNiG: YTD net profit after Q3 2017 up 51% year on year
For the nine months of 2017, the Group delivered improvement of all key financials, earning PLN 2.5bn in net profit.
Statement by PGNiG SA on the start of another renegotiation of gas prices from the PAO Gazprom and OOO Gazprom Export
PGNiG SA continues its gas price review proceeding against PAO Gazprom and OOO Gazprom Export in the Stockholm Arbitration Court, for gas delivered, since November 1, 2014, under the long-term gas supply contract of September 25th 1996.
PGNiG expansion in the Ukraine
A contract was signed by Polish Oil and Gas Company (PGNiG) and Ukrtransgaz transmission and storage network operator on cooperation in transportation of natural gas in the territory of the Ukraine.
PGNiG SA signed ticketing service contracts with eleven natural gas importers
With the ticketing service in place, the companies involved in natural gas imports to Poland no longer need to arrange the storage of mandatory stocks of natural gas on their own. Total volume of gas stocks kept by PGNiG on behalf of other companies amounts to nearly 370 000 MWh (about 33 million m3).
10 years of PGNiG in Norway: more and more licenses and good financial results
Over PLN 5.5 bn in sales revenue, 18 licenses and preparations for producing 2.5 bcm annually. Polish Oil and Gas Company (PGNiG) summed up a decade of its presence on the Norwegian Continental Shelf.