The key products sold by the segment are high-methane gas and nitrogen-rich gas. The PGNiG Group sold gas to customers in Poland and abroad (chiefly on the German market), and on the power exchanges in Poland and Germany.
In order to meet the requirement to sell gas on the exchange market, in August 2014 PGNiG Obrót Detaliczny Sp. z o.o. was established and launched its operations. The company procures gas mainly at the Polish Power Exchange, and later resells it to customers. PGNiG Obrót Detaliczny Sp. z o.o. trades with customers who in the preceding year bought no more than 25 mcm of natural gas. End-user agreements were transferred from PGNiG S.A. to PGNiG Obrót Detaliczny Sp. z o.o. by way of universal succession. Launch of operations by PGNiG Obrót Detaliczny Sp. z o.o. will ensure appropriate demand for natural gas sold on the power exchange and will enable fair competition between the PGNiG Group’s subsidiary and other participants of the Polish gas market. Sale of natural gas at the Polish Power Exchange by PGNiG S.A. and purchase of natural gas at the Polish Power Exchange by PGNiG Obrót Detaliczny Sp. z o.o. are not eliminated on consolidation. In 2014, gas sales in the Trade and Storage segment reached 17,808 mcm, 16,063 mcm of which was sold on the domestic market. Compared with 2013, gas sales increased by approximately 15%. The increase was attributable mainly to PGNiG Obrót Detaliczny Sp. z o.o.’s launching its operations, and to a substantial increase in PGNiG S.A.’s sales at the Polish Power Exchange (intercompany transactions executed at the Polish Power Exchange are not subject to elimination).
The table below presents sales of natural gas in the Trade and Storage segment (measured as high-methane gas equivalent).
|1.||Natural gas including:||mln m3||17808||15465,4||14189,2|
|- high-methane gas||mln m3||17289||14939,6||13684,5|
|- high-nitrogen gas*||mln m3||519||525,8||504,7|
PGNiG delivered natural gas to clients in Poland. The gas was purchased primarily by industrial clients (mainly in the chemical, oil refining, petrochemical and metallurgical sectors) and by households. Households made up the largest group of clients for natural gas (approximately 6.5M), accounting for 97% of the entire client base.
The table below shows structure of natural gas sales conducted by PGNiG S.A. (measured as high-methane gas) by client groups.