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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.

Under the contract, which is effective as of 28 March 2007 until 31December 2008, PGNiG will deliver approx. 15 thousand tonnes of crudeoil per month to the Refinery in Trzebinia. The yearly volume to besold to the Refinery will correspond to roughly 30% of the domestic oilproduction. At the moment, PGNiG has singed contracts for the entireoil volume produced by the company, the main consumers being PB andShell. In 2006, PGNiG produced over 530 thousand tonnes of crude oil.
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