The draft Gas Deregulation Programme has been prepared based on the recommendations of the President of the Energy Regulatory Office for gas deregulation in Poland dated November 15th 2011, as well as the natural gas prices deregulation roadmap dated December 22nd 2011.

The Programme's objective is to create a market environment in which it will be possible to deregulate gas prices for institutional customers.

PGNiG SA had previously indicated that it was aware of possible significant changes in the natural gas market in Poland after its liberalisation. With such developments in mind, the Company is preparing a competitive and flexible offering for its customers, which will help retain them.

According to the Company's forecasts, the prices of natural gas after the market is liberalised will tend to level with those in the Czech Republic and Germany. The German market is expected to be a benchmark for the prices in Poland. PGNiG SA also intends to trade in natural gas on the European market and thus compensate for losing some of its domestic market share.

Press Team

PGNiG SA