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15.06.2007
PGNiG representatives continue talks in Pakistan
On 15 June, President of PGNiG Krzysztof G?ogowski met inIslamabad with Mr Ahmed Waqar, Minister for Petroleum & NaturalResources of Pakistan. The discussion concerned the conditions forcurrent and future activity of the PGNiG Group in the Pakistani market.
14.06.2007
New opportunities for PGNiG Group in Pakistan
A PGNiG delegation led by President Krzysztof G?ogowski is
currently visiting Pakistan and discussing new opportunities to
strengthen the Group’s presence in the Pakistani market. The occasion
for the visit is marked by the celebrations of the tenth anniversary of
the Pakistani operations of the local Branch of PGNiG and the Oil and
Gas Exploration Company, Kraków (PNiG Krakow).
11.06.2007
PGNiG wins the bid for Bahariya exploration concession in Egypt
On 11 June, PGNiG SA was informed that the bid submitted by theCompany for exploration on Bahariya 3 Block in Egypt was accepted byEgyptian General Petroleum Company. It was the first bidding round forexploration concessions in Egypt PGNiG in which submitted its bid.
22.05.2007
PGNiG becomes member of the Executive Committee of Baltic Gas
On 22 May, the General Assembly of Baltic Gas elected PolishOil and Gas Company as member of the Executive Committee of theorganisation. The election was made during a meeting of twoorganisations – Baltic Gas and BASREC in Warsaw. The organisationsgather, respectively, gas companies of the Baltic Sea region andrepresentatives of the authorities of the Baltic countries. PGNiG washosting their joint meeting for the first time.
18.05.2007
Polish Oil and Gas Company signs an agreement with GB Petroleum Plc
On 17 May 2007, in Warsaw, Polish Oil and Gas Company signed an agreement with GB Petroleum Plc.
15.05.2007
Opening of CNG refuelling station in Lublin
On 15 May 2007, another refuelling station for compressednatural gas (CNG) was opened for use. The station is located at Al.Tysiaclecia 8 in Lublin. The new CNG station is the twenty third publicCNG refuelling station in Poland and the seventh one built by KarpackaSpó?ka Gazownictwa Sp. z o.o. (KSG), a subsidiary company of Polish Oiland Gas Company (PGNiG).
11.05.2007
PGNiG strengthens its financial position – financial results of the PGNiG Group for 1Q 2007
In the 1st quarter of 2007, the PGNiG Group generated a netprofit of PLN 787 million. This means a growth by 25 per cent comparingto the corresponding period in the last year
09.05.2007
Management of PGNiG decides to repay the Company’s debt
On 8 May, the Management Board of Polish Oil and Gas Company (PGNiG) adopted a resolution on reduction of the indebtedness of the Company through repayment of the EUR 600 million term loan facility from the Company’s own funds. These are different funds than the proceeds raised by the Company from the issue of the B Series shares.
02.05.2007
PGNiG and Energinet.dk reached agreement on Baltic Pipe
Polish Oil and Gas Company and Energinet.dk worked out anagreement with a view to the implementation of a direct gas pipelineproject between Poland and Denmark (Baltic Pipe).
26.04.2007
Separation of commercial activities from distribution – another step in trading integration process
PGNiG obtained a consent of the General Shareholders Meetingfor acquisition shares in the increased share capitals of six gastrading companies.
