News
Print
23.06.2010
Natural gas delivered to Poland with no disruptions
GAZ-SYSTEM S.A.
and Polskie Gornictwo Naftowe i Gazownictwo SA would like to state that consumers in Poland are receiving natural gas in
line with their needs. The
decrease of natural gas pressure in deliveries from Belarus through cross-border point
in Vysokoye was noticed in the afternoon hours on June 23rd 2010.
After 5 p.m. local time the pressure returned to the usual level. As a result,
the amount of natural gas delivered via Vysokoye cross-border point will reach the level
stated in the contract within the next twenty four hours.
22.06.2010
The Power Sector Increases its Efforts for Sustainable Development
On June 17th in Warsaw,
another three companies: Fortum Power
and Heat Polska, Lotos, and Polskie Sieci Elektroenergetyczne Operator signed a Declaration on Sustainable Development in the Polish Power Sector during the Responsible Energy conference
organised by Polskie Górnictwo Naftowe i Gazownictwo SA and
PricewaterhouseCoopers, a consultancy firm.
17.06.2010
PGNiG and Lotos Expand Cooperation
On June 16th 2010, Grupa LOTOS S.A. and Polskie Górnictwo Naftowe i Gazownictwo entered into an agreement on supply of natural gas to the Gdańsk refinery. Its estimated value over the period of five years amounts to more than PLN 2.2bn.
11.06.2010
Press Release
EUROGAS General Assembly in Warsaw, 11 June 2010 hosted by the Polish Oil and Gas Company elects Mr. Jean-François Cirelli, Vice Chairman and President of GDF SUEZ, as President of EUROGAS
11.06.2010
PGNiG’s Vice-president Sławomir Hinc elected to Eurogas’ Governing Board
During General Assembly of the European Gas Industry Union Eurogas, held in Warsaw, Mr. Sławomir Hinc, PGNiG's FCO was elected to the Eurogas Governing Board.
10.06.2010
PGNiG to Issue Bonds
On June 10th 2010 Polskie Górnictwo Naftowe i Gazownictwo executed an agreement with six banks (Pekao SA, ING Bank Śląski SA, PKO BP SA, Bank Handlowy w Warszawie SA, Societe Generale SA and BNP Paribas SA, Polish Branch) concerning a bond issue programme with a value of up to PLN 3 billion ("the Programme").
09.06.2010
PGNiG Increases Its Natural Gas Deposits in Norway
PGNiG
Norway AS (a wholly-owned subsidiary of PGNiG) and its license partners have
discovered new gas deposits on the Norwegian Continental Shelf. The size of the
Snadd North deposit is estimated at 9-16bn
cubic metres of natural gas. Its development is expected to start as early as
in 2011.
01.06.2010
Following an analysis of business considerations, the Management Board of PGNiG SA resolved not to submit a bid for ENERGA shares
The above
decision has been made in connection with certain strategic projects pursued by
PGNiG SA, which need to be completed by 2015 and which require substantial
capital expenditure. Top priorities include the completion of the projects
involving construction of new and expansion of the existing underground gas
storage facilities, as well as the construction of the LMG natural gas and
crude oil mine. In addition to their vital role in ensuring a much needed
improvement of Poland's
energy security, the projects are also bound to significantly enhance the
Company's value.
18.05.2010
Approval of PGNiG’s Tariff Application by the Energy Regulatory Office
On May 17, 2010, the President of the Energy Regulatory Office approved the new Tariff for supply of gas fuels. The Tariff will be effective from June 1, 2010 to November 30, 2010. Under the new Tariff, the price of high-methane gas will increase on average by approximately 4.8%. In other words, gas monthly bills paid by those households which use the fuel for cooking purposes will rise on average by PLN 0.71.
12.05.2010
Strong Performance of the PGNiG Group in Q1 2010
In Q1 2010, the PGNiG Group posted a net profit of PLN 988m, while in Q1 2009 the Group recorded a PLN 399m loss. Sales revenue reached over PLN 6.6bn, having grown by 4% year on year.
27.04.2010
Mirosław Dobrut Resigns from the Position of PGNiG SA’s Vice-President
On April 26th 2010, Mr Mirosław Dobrut,
PGNiG SA's Vice-President responsible for Gas and Trade, tendered his
resignation from the position on the Company's Management Board, with effect
from April 30th 2010.
26.04.2010
CSR-Driven Transformation of Polish Enterprises. PGNiG’s Practice Ranked among Top Practices
Does Best CSR Practice help companies gain competitive edge? Is
corporate social responsibility a new direction for transformation of Polish
enterprises? Answers to these questions were sought by delegates of the
conference hosted by the Polish Confederation of Private Employers Lewiatan
(KPP Lewiatan), NSZZ Solidarność trade unions and Deloitte, a consultancy. The
meeting was also an opportunity to announce the results of a competition
announced late last year by KPP Lewiatan, Deloitte and NSZZ Solidarność
concerning excellence in alignment of Best CSR Practice with business
strategies at medium-sized and large companies. The objective of the
competition was to promote corporate social responsibility standards among
enterprises. As part of the project, Lewiatan, Deloitte and Solidarność have
joined efforts to develop tools for planning and execution of CSR initiatives
at enterprises.
22.03.2010
PGNiG Group in the Black
In Q4 2009, the PGNiG Group reported a net profit of PLN 1,289m vs. a PLN 374m loss in Q4 2008. The results confirm previously reported consistent improvement of the Group's financial standing, and exceed the market expectations. Sales revenue is in line with the expectations, while net profit is almost 43% above the market consensus.
17.03.2010
Cooperation of PGNiG SA and PETROLINVEST to Focus on the EmbaYugNeft Licence
PGNiG SA and Petrolinvest S.A. have decided to focus their strategic
cooperation on the EmbaYugNeft licence and on the implementation of future exploration and production
projects in Kazakhstan.
11.02.2010
Agreement on gas accepted by the Management Board and Supervisory Board of PGNiG SA
On 10 February 2010, the Management Board and then the
Supervisory Board of PGNiG SA accepted a package of arrangements made in the
form of a trilateral agreement between PGNiG SA, OAO Gazprom Export and EuRoPol
GAZ.
05.02.2010
PGNiG Norway AS awarded operator status on the Norwegian Continental Shelf
The Norwegian Ministry of Petroleum and Energy awarded an operator status on the Norwegian Continental Shelf to PGNiG Norway AS. The decision of the Norwegian Ministry will allow PGNiG Norway to assume a leading role in projects pertaining to the exploration and development of offshore oil and gas deposits. The operator status confirms that the experience and resources of the PGNiG Group conform to the highest international standards of the oil industry.
02.02.2010
Gas supplies to ZCh Police at full capacity
At 10:00 p.m. on 1 February 2010, PGNiG SA will lift temporary limits on natural gas supplies to ZCh Police. The decision was dictated mainly by increasing temperatures and the reduced use of gas by individual customers stemming from them. At current temperatures, demand for gas in Poland oscillates around 50-54 million cubic metres per day.
28.01.2010
Gas supply agreement
On 27
January 2010, at the head office of OOO Gazprom in Moscow, talks took place
between ОАО Gazprom and ООО Gazprom Export on the one hand, and PGNiG SA and
EuRoPol Gaz SA on the other.
22.01.2010
International Helium Cryogenics Centre is to be established at the Odolanów Branch of PGNiG SA (joint-stock company)
Polskie Górnictwo Naftowe i
Gazownictwo SA (Polish Oil and Gas Company) in cooperation with Warsaw
University of Technology, Wrocław University of Technology and the Institute of Molecular
Physics at the Polish
Academy of Sciences are
planning to establish International Helium Cryogenics Centre at the Odolanów
Branch of PGNiG SA. The joint project is going to be of scientific and research
nature, and also of business nature and constitutes an example of cooperation
between industry and science. The main tasks of the Centre shall comprise
conducting research and development activities, rendering services within the
scope of cryogenic equipment and materials.
