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26.06.2018
PGNiG and Venture Global LNG sign agreement for the sales and purchase of LNG from the USA

Polish Oil & Gas Company (PGNiG) and Venture Global LNG have entered into an agreement relating to the terms of delivery of liquefied natural gas from Calcasieu Pass LNG and Plaquemines LNG facilities.

26.06.2018
PGNiG and Port Arthur LNG sign agreement for the sales and purchase of LNG from the U.S.

Polish Oil & Gas Company (PGNiG) and Port Arthur LNG, a subsidiary of Sempra LNG & Midstream, today announced they have entered into an agreement relating to the terms of delivery of liquefied natural gas from the Port Arthur liquefaction facility.

26.06.2018
PGNiG to buy US LNG, builds position as global player

Polskie Górnictwo Naftowe i Gazownictwo has signed agreements with two US LNG producers for long-term LNG purchase contracts. The Company consistently pursues its strategic objectives by building a diversified gas supply portfolio and expanding its trading activity on international LNG markets.

07.06.2018
PGNiG and AGH are jointly developing a new drilling technology

MiniDrill is an innovative solution that can increase hydrocarbon production and reduce drilling costs. The project’s first phase has just been completed.

23.05.2018
PGNiG Group’s Q1 2018 performance stable, revenue up 14% y/y

Q1 2018 net profit at PLN 1.57bn on revenue of PLN 13.25bn. Share of gas from across Poland’s eastern border continued to decline, from 84% to 78% of total imports over the year. Volumes of LNG imports to Poland up 31% over Q1 2017.

11.05.2018
New gas field near Rzeszów

Polskie Górnictwo Naftowe i Gazownictwo S.A. obtained commercial gas flows from the Królewska Góra-1K borehole, located in Budy Głogowskie, Rzeszów county. The Company estimates that the new deposit may yield approximately 20 mcm of high-methane gas per year.

09.05.2018
Development plans for the Ærfugl and Skogul fields approved

The Norwegian Ministry of Petroleum and Energy has approved the geological documentation and development plans for two fields in which PGNiG Upstream Norway holds interests. Production is planned to begin in 2020.

27.04.2018
PGNiG and ORLEN Upstream continue exploration for natural gas in the region of Wielkopolska

Polish Oil and Gas Company (PGNiG) and ORLEN Upstream commenced drilling of another well under their joint project Płotki. Work on the Chwalęcin-1K borehole will take approximately 80 days. In addition, the two companies are getting ready to develop another field.
 

19.03.2018
PGNiG forges cooperation with Mari Petroleum Company Limited of Pakistan

Polish Oil and Gas Company (PGNiG SA) has signed a memorandum of understanding forging a strategic partnership with the second largest gas producer in Pakistan. The MOU provides for the parties’ cooperation in the upstream segment within and outside of Pakistan.

14.03.2018
PGNiG: EBITDA at PLN 6.58bn, PLN 2.92bn net profit in 2017 – all-time highest results

Net profit of the PGNiG Group rose by 24%. EBITDA rose by 10% y/y, and EBIT increased by 16%, reaching PLN 3.91bn. The Group’s revenue grew to PLN 35.86bn, up by 8% y/y.