News
As of April 1st 2020, Polskie Górnictwo Naftowe i Gazownictwo is the sole user of the small-scale LNG reloading station in Klaipėda, Lithuania, which gives the Company access to the Baltic Sea markets and allows it to optimise the logistics of LNG supplies to customers in North Eastern Poland.
The Russian company has for many years been overcharging and will now be required to refund nearly USD 1.5 billion to PGNiG.
Polish Oil and Gas Company (PGNiG) and its German subsidiary PGNiG Supply & Trading have been allowed to join a procedure in which Nord Stream 2 is seeking a derogation from the European Union’s Third Energy Package requirements.
The PGNiG Group will donate PLN 4m to finance measures undertaken in connection with the coronavirus epidemic. Out of this amount, PLN 1m will be transferred to healthcare centres in the towns where the Group companies operate. In the first place, the support will go to the Institute of Mother and Child, located in Warsaw’s Wola district next to the headquarters of PGNiG S.A.
In 2019, the PGNiG Group posted revenue of PLN 42.02bn, which represents a 2% percent year-on-year increase. EBITDA and net profit came in at PLN 5.5bn and PLN 1.37bn, respectively.
PGNiG Upstream Norway AS has entered into an agreement with Aker BP ASA whereby it will acquire an interest in the Alve Nord discovery and increase its share in the Gina Krog field, positioning itself to send greater volumes of gas to Poland after the start-up of the Baltic Pipe.
Polish Oil and Gas Company (PGNiG) will use the services of HugeTECH's IDEA Global accelerator. The cooperation will allow for the search and selection of startups whose innovative projects can be applied in the PGNiG Group. The undertaking is implemented as part of the second edition of the government's Scale Up program.
PGNiG Upstream Norway has obtained a final administrative consent to purchase additional 10% interests in the PL636 and PL636B licences in the North Sea.
Polskie Górnictwo Naftowe i Gazownictwo and the National Fund for Environmental Protection and Water Management have signed a partnership agreement to support the ‘Clean Air’ programme. Its primary aim is to facilitate the process of subsidising the switchover to gas-fired boilers, which will contribute to a reduction of particles and other pollutant emissions from detached houses.


