PGNiG develops its production business in Pakistan

The Operating Branch of Polish Oil and Gas Company in Pakistan started drilling the Rehman-6 production well in the Rehman field.

PGNiG Group posts over one billion in net profit for the first quarter of 2019

The Group’s revenue rose to PLN 14.34bn in the first three months of the year, with consolidated EBITDA at PLN 2.16bn and EBIT at PLN 1.38bn. Net profit earned by the Group came to PLN 1.06bn.

May 10th 2019 PGNiG launches LNG deliveries to Ostrobramska Bus Depot

The Ostrobramska Bus Depot in Warsaw has received its first delivery of liquefied natural gas under a contract signed between PGNiG Obrót Detaliczny and the municipal bus company Miejske Zakłady Autobusowe of Warsaw on April 17th 2019 for the supply of LNG for 35 environmentally friendly natural gas-powered buses.

Port Arthur terminal authorized to export LNG out of the FTA zone

The US Department of Energy approved the export of LNG from Port Arthur LNG to non-FTA countries. The liquefaction and export facility is scheduled for launch in 2023. Cargoes of liquefied natural gas exported from this terminal will be received, among others, by PGNiG.

Federal permit for Port Arthur LNG

The Management Board of PGNiG SA welcomed the approval of the US Federal Energy Regulatory Commission (FERC) for the construction of the Port Arthur liquefaction terminal in Jefferson County, Texas, on the Gulf of Mexico, which is due to start operating in 2023.

PGNiG Termika: construction of a new EC Żerań unit at the halfway point

The most modern gas and steam unit in Poland will warm up Warsaw residents next year. Thanks to it, EC Żerań will be able to produce 4 TWh of electricity and 1.9 TWh of heat energy.

Coal-bed methane-fueled power generation unit launched by PGNiG in Gilowice

Polish Oil and Gas Company has brought on stream a 0.9 MW power generation set fueled with coal-bed methane (CBM) extracted experimentally by the Company in Upper Silesia.

PGNiG purchased another spot cargo of US LNG
Polish Oil and Gas Company expects LNG supply from the USA to arrive at the President Lech Kaczyński LNG Terminal in Świnoujście on April 3.
PGNiG will lease a drilling platform in the Norwegian Sea

PGNiG Upstream Norway and Aker BP have signed a contract for the lease of a semi-submersible drilling rig. In autumn, the exploration well will start to be drilled on the Shrek prospectus within PL838 license. For the PGNiG Group, it will be the first drill well in the role of an operator on the Norwegian Continental Shelf.

Another LNG spot cargo arriving in Świnoujście – it is the fourth spot delivery this year already

Liquefied natural gas will come to Poland from Norway on March 21, 2019. This is the twelfth spot delivery to the President Lech Kaczyński LNG Terminal in Świnoujście since the facility started its operations.

LOTOS and PGNiG: first commercial bunkerings of ships with LNG in Polish seaports

PGNiG and LOTOS conducted two commercial bunkerings of liquefied natural gas (LNG) between 13th and 18th of March 2019. These are the first operations of this kind carried out at seaports in Gdańsk and Gdynia. The companies continue their cooperation in this area – it will strengthen the competitiveness of Polish ports and popularize the LNG's ecological fuel in the Baltic Sea.

PGNiG Group: stable increase in financial results in 2018 despite sudden fluctuations in energy markets
In 2018, the PGNiG Group’s net profit amounted to PLN 3.2bn and rose by 10 percent. EBITDA amounted to PLN 7.1bn and rose by 8 percent y/y. EBIT was up 12 percent, to nearly PLN 4.4bn. The Group’s revenue grew to PLN 41.23bn,up by 16 percent y/y.
“Digital Field” will boost the efficiency of oil and gas production

Polskie Górnictwo Naftowe i Gazownictwo has developed the Integrated Field Management System which will optimise the Company's production activities. In addition to improving operational and financial performance at home, the new tool will support PGNiG’s expansion into foreign markets.

PGNiG's statement concerning the decision of the governments of Poland and Lithuania

Polskie Górnictwo Naftowe i Gazownictwo SA welcomes the decisions of the Governments of the Republic of Poland and the Republic of Lithuania announced on 27th and 28th of February 2019. The governments of both countries decided to join PGNiG SA in the court proceedings initiated by the Company with an action against the decision of the European Commission on a commitment agreement between the European Commission and Gazprom concluding the proceedings on the alleged abuse of dominance of Gazprom on the markets of eight European Union countries (case AT.39816).

PGNiG and PGG start cooperation within the Geo-Metan project

Polskie Górnictwo Naftowe i Gazownictwo and Polska Grupa Górnicza have signed an agreement on pre-mining capture of methane from hard coal seams. The works will be carried out at the site of Ruda Ruch Bielszowice Coal Mine.

The Management Board of PGNiG welcomed the decision to grant approval for the construction of the Calcasieu Pass LNG terminal

In 2018, PGNiG – Polish Oil and Gas Company signed two long-term contracts with Venture Global LNG for the purchase of liquefied natural gas. One of them relates to receiving cargoes of LNG from the terminal at Calcasieu Pass in Louisiana, which is due to start operations in 2022. On 21st of February 2019, the US Federal Energy Regulatory Commission (FERC) has issued the Order Granting Authorizations for Venture Global Calcasieu Pass LNG export facility and associated gas pipelines leading to future export installations.

Poland Prize: PGNiG and Startup Hub Poland have started acceleration of international startups

Polish Oil and Gas Company and the Startup Hub Poland Foundation have invited international startups that offer innovative solutions for the energy industry. Eight startups participated in the inauguration of the Poland Prize program at PGNiG.

Eleventh LNG spot delivery

The methane carrier Flex Rainbow transports about 64 thousand tonnes of liquefied natural gas from Sabine Pass, USA. The cargo was purchased as part of a spot transaction. This is the fifth delivery this year so far – three came from the US and two from Qatar.

PGNiG and Startup Hub Poland Foundation invite international startups to Poland

Polish Oil and Gas Company (PGNiG) and Startup Hub Poland Foundation joined forces to transfer the most innovative business ideas to Poland. Selected early-stage technological entities will have a chance to receive a grant from the Polish Agency for Enterprise Development (PARP). Current recruitment process for the project ends on February 28th.

Four-thousandth tank truck loaded with liquefied gas from PGNiG left the Świonujście terminal

PGNiG strengthens its position in the small-scale LNG market, with almost 18% more liquefied gas dispatched by the Company from Świnoujście last year than in 2017.