Domestically, the gas production capacity in 2012 will remain at a level similar to that recorded in 2011, but there will be more options regarding potential uses of developed reserves, which will become available from July 2012, once extension of the Kościan node has been completed and the Kościan-Szczyglice gas pipeline has been placed in service. The expanded infrastructure will make it possible to sell additional volumes of gas, both to direct customers, and to the distribution system.

PGNiG SA also intends to double its crude oil production to 1.24 million tonnes in 2013, compared with 660 thousand tonnes in 2012.

Production in Poland will increase to 750 thousand tonnes in 2013, from 480 thousand tonnes in 2012, while abroad (in Norway) it will increase in 2013 to 490 thousand tonnes, from 180 thousand tonnes in 2012.

The change in the domestic oil production forecast for 2012 relative to previously published forecasts (500 thousand tonnes) has come as a consequence of adoption of revised data concerning production rates as well as geological and reservoir characteristics of the Company's assets.

The forecast regarding oil and gas production from the Norwegian Continental Shelf in 2012 remains unchanged.

Press Team

PGNiG SA