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).

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.

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.

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).

For the nine months of 2017, the Group delivered improvement of all key financials, earning PLN 2.5bn in net profit.

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.

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).

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.