Polskie Górnictwo Naftowe i Gazownictwo continues the efforts to renegotiate the price terms of natural gas supplies under a long-term contract with Gazprom.

PGNiG Supply & Trading in cooperation with the American-Ukrainian ERU Group won a tender for natural gas supplies to Republic of Moldova. This will be the first ever gas supply to that country from a non-Russian source.

Polish Oil and Gas Company (PGNiG SA) and PGNiG Supply & Trading (PST) have presented their position within the certification procedure of Nord Stream 2 operator. Both companies underlined the risks for security of gas supplies to the European Union resulting from launching of this pipeline.

Polish Oil & Gas Company has joined the Sectoral agreement for the development of a hydrogen economy in Poland, coordinated by the Polish Ministry of Climate and Environment. The document implements the provisions of the Letter of intent to establish a partnership for building a hydrogen economy and to enter into a sectoral hydrogen agreement signed in July 2020.

Polish Oil & Gas Company has completed the construction of Cluster B at the Kosakowo Cavern Underground Gas Storage Facility (UGSF), a project of strategic importance for Poland’s energy security.

The commencement of an operations optimisation process is chiefly related to meeting the needs of the energy transition. The proposed changes are to improve the efficiency of management processes, put the organisational structure in order and reduce operating costs and business risks. In this, PGNiG is drawing on the experience of leading oil and gas companies.

PGNiG (Polish Oil and Gas Company) and Qatar-based Black Cat Engineering & Construction signed a Memorandum of Understanding to cooperate on oil and gas production projects.

PGNiG Upstream Norway has just received approval from Norwegian authorities to acquire all assets of INEOS E&P Norge. Once the transaction is completed, the PGNiG Group will acquire a portfolio of promising upstream assets, set to meaningfully contribute to the delivery of its strategic objectives in natural gas production.

The German Federal Network Agency (Bundesnetzagentur, BNetzA) has granted Polskie Górnictwo Naftowe i Gazownictwo SA and its German subsidiary - PGNiG Supply & Trading GmbH participation in the certification proceedings for Nord Stream 2.

PGNiG (Polish Oil and Gas Company) signed amendments to agreements with American companies Venture Global Calcasieu Pass, LLC and Venture Global Plaquemines, LLC to purchase another 2 million tonnes per annum (MTPA) of liquefied natural gas for 20 years. As a result, the volume of LNG contracted from Venture Global LNG by PGNiG will increase up to 5,5 MTPA, which equals approximately 7.4 bcm following regasification.