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02.09.2021
PGNiG: fast revenue growth and solid net profit in H1 2021

After the first six months of 2021, the PGNiG Group earned revenue of almost PLN 25bn, EBITDA of nearly PLN 5.2bn, and a net profit in excess of PLN 2.4bn. Gas sales volumes rose 8% year on year, to 18.2 bcm.

30.08.2021
PGNiG and ERU to commence joint E&P operations in Ukraine

Polskie Górnictwo Naftowe i Gazownictwo and ERU Management Services have signed an agreement providing for the purchase by the Polish company of a controlling interest in Ukraine’s Karpatgazvydobuvannya, the sole holder of the Byblivska licence located in Western Ukraine, in an area adjacent to the Polish border.

25.08.2021
German court rejects Nord Stream 2 AG application for derogation from the Third Energy Package

PGNiG SA and PST welcomed today's judgment of the Higher Regional Court in Düsseldorf, recognizing the arguments of both companies and upholding the decision of the Federal Network Agency (BNetzA) to reject the application submitted by Nord Stream 2 AG for derogation from the provisions of the Third Energy Package.

23.08.2021
PGNiG launches production from the Duva field in the North Sea

PGNiG Upstream Norway, together with Neptune Energy, Idemitsu Petroleum Norge and Sval Energi, have launched hydrocarbon production from the Duva field on the Norwegian Continental Shelf. The investment, which will increase PGNiG’s natural gas production by 0.2 billion cubic meters per year, has exceptionally low carbon footprint.

02.08.2021
TAURON and PGNiG share a letter of intent regarding ECSW

TAURON and PGNiG signed a letter of intent regarding the possible sale of shares in Elektrociepłownia Stalowa Wola (ECSW) by the Tauron Group to the PGNiG Group. In September last year, the companies launched a 450 MW gas unit in Stalowa Wola. Currently, both companies own 50 percent of ECSW shares each.

02.08.2021
PGNiG and PST expect to be granted participation in certification proceedings concerning Nord Stream 2

PGNiG SA and PGNiG Supply & Trading submitted a request for granting participation in the certification procedure for Nord Stream 2 pipeline operator. This procedure will determine if the pipeline owner will gain a privileged position on the European gas market.

28.07.2021
PGNiG Group expands its fleet of gas tankers

PGNiG Supply & Trading signed a contract for chartering two LNG carriers. The vessels will be built exclusively for the PGNiG Group and will enter service in the first half of 2024.

27.07.2021
PGNiG to purchase more LNG from Venture Global LNG

PGNiG signed agreements with Venture Global Calcasieu Pass, LLC and Venture Global Plaquemines, LLC to purchase another 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) for 20 years. As a result, the volume of LNG contracted from Venture Global LNG by PGNiG is to increase to 5,5 Mtpa.

27.07.2021
PGNiG terminates Port Arthur LNG agreement

Polish Oil and Gas Company (PGNiG) decided to terminate the SPA with Port Arthur LNG. The companies continue cooperation in order to shift the contracted volumes to other liquefaction projects from Sempra LNG’s portfolio.

15.07.2021
Poland wins the dispute over the OPAL gas pipeline

The Court of Justice of the European Union has ruled that the European Commission violated the principle of energy solidarity by issuing a decision on the OPAL gas pipeline. The verdict strengthens Poland's energy security and may be important for the further fate of the Nord Stream 2 project.