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21.03.2012
PGNiG SA awarded by the Parkiet daily
On March 20th 2012, GrażynaPiotrowska-Oliwa, President of Polskie Górnictwo Naftowe i Gazownictwo SA, collected the Bulls and Bears statuette for the WIG20 blue-chip stock which was the best investment in 2011.
20.03.2012
Strong financial performance of the Exploration and Production segment offsets the PGNiG Group's losses on gas sales in 2011
2011 was a difficult year for the gas sector in terms of its financial position. Despite those problems PGNiG managed to successfully complete several key projects enhancing Poland's energy security and increasing the Company's value.
In 2011, the PGNiG Group's net profit was PLN 1.63bn, having fallen by PLN 831m year on year due to losses incurred on gas sales. One of the main factors driving down net profit was a 6 pp drop in margin on sales of high-methane gas, which declined from 3% in 2010 to -3% in 2011. The Group's operating profit fell 42%, to PLN 1.69bn, however the decrease was offset by higher profitability reported by the Exploration and Production segment, which contributed two thirds of the Group's total operating profit.
19.03.2012
Annual General Shareholders Meeting of PGNiG SA appoints a new Supervisory Board member
On March 19th 2012, the Annual General Meeting of Polskie Górnictwo Naftowe i Gazownictwo SA appointed Ms Ewa Sibrecht-Ośka as a member of the Company's Supervisory Board.
16.03.2012
President of the Energy Regulatory Office (URE) approves a new gas tariff
In accordance with the President of the Energy Regulatory Office's decision, PGNiG SA will implement a new gaseous fuel tariff with effect from March 31st 2012. The subscription fees, network rates and rules of settlements with customers will remain unchanged.
07.03.2012
The Supervisory Board of PGNiG SA appoints President of the Management Board
Following a competitive recruitment process, the Supervisory Board of Polskie Górnictwo Naftowe i Gazownictwo SA resolved to appoint Ms Grażyna Piotrowska-Oliwa as President of the Management Board, with effect from March 19th 2012, for a joint term of office expiring on March 13th 2014.
02.03.2012
PGNiG Technologie to build the Rembelszczyzna-Gustorzyn gas pipeline
On March 1st 2012, PGNiG Technologie, a subsidiary of Polskie Górnictwo Naftowe i Gazownictwo SA, executed an agreement with OGP GAZ-SYSTEM Rembelszczyzna Branch to build a high-pressure gas pipeline between Rembelszczyzna and Gustorzyn. The value of the contract is over PLN 193m, VAT-exclusive.
02.03.2012
23.02.2012
Modernisation of helium generation facility in Odolanów completed
On February 22nd 2012 an official celebration was held at PGNiG SA's Odolanów Branch to mark the completion of the modernisation process.W Oddziale PGNiG SA w Odolanowie odbyło się wczoraj oficjalne zakończenie dwuletniej modernizacji instalacji oczyszczania, skraplania i magazynowania helu.
21.02.2012
PGNiG SA files suit with Arbitration Tribunal
Polskie Górnictwo Naftowe i Gazownictwo SA hereby reports that, in accordance with the procedure required by the Arbitration Tribunal in Stockholm, on February 20th 2012, the Company filed a suit against OAO Gazprom and OOO Gazprom Export.
20.02.2012
Modernisation of EU's only helium generation facility in Odolanów completed
Poland is one of the six countries in the world which supply pure helium. PGNiG SA sells helium to Germany, France, the United Kingdom, Austria, Switzerland, the Balkan states and Turkey, as well as to other countries. During the last two years, thorough modernisation work has been carried out in Odolanów, which has improved the plant's purification and liquefaction capacities. On February 22nd 2012, an official celebration will be held at PGNiG SA's Odolanów Branch to mark the completion of the modernisation process.
20.02.2012
PGNiG SA wants to have natural gas prices in Poland deregulated
Polskie Górnictwo Naftowe i Gazownictwo SA has prepared a draft of the Gas Deregulation Programme, which will be released for public consultations. Over the next two weeks, the Company expects the market to provide feedback on the draft.
14.02.2012
PGNiG SA signs an agreement for a EUR 500m loan from PGNiG Finance AB
Under an agreement executed on February 14th 2012, Polskie Górnictwo Naftowe i Gazownictwo SA will borrow the funds raised by PGNiG Finance AB, its subsidiary, from the Eurobond issue.
14.02.2012
Statement by PGNiG SA
In connection with some media reports quoting anonymous PGNiG sources who have allegedly commented on new commercial terms proposed by Gazprom, we kindly inform that:
10.02.2012
PGNiG Finance AB to issue Eurobonds worth EUR 500m
On February 10th 2012, an agreement was signed providing for the issue of Eurobonds with a value of EUR 500m under the Eurobond Issue Programme executed in August 2011.
07.02.2012
PGNiG SA to carry out the first issue of Eurobonds – the book-building process completed
Polskie Górnictwo Naftowe i Gazownictwo SA is planning to carry out the first issue of Eurobonds worth EUR 500m. The book-building process for the issue was closed on February 7th 2012.
03.02.2012
PGNiG SA has enough gas available to meet the entire domestic demand
Polskie Górnictwo Naftowe i Gazownictwo SA and Operator Gazociągów Przesyłowych GAZ-SYSTEM report that on February 3rd imported gas is being supplied in line with the nominations.
03.02.2012
02.02.2012
Information on gas supplies from the East
Operator Gazociągów Przesyłowych GAZ-SYSTEM SA and Polskie Górnictwo Naftowe i Gazownictwo SA report that, apart from the temporary limitations imposed on three industrial customers under commercial gas sales agreements, all other customers in Poland are currently receiving natural gas in quantities that fully meet their requirements.
