At its meeting on December 30th 2013, the Supervisory Board of PGNiG SA closed the recruitment procedure. Pursuant to the Supervisory Board's decision, Mr Mariusz Zawisza will become the Company's new President as of January 1st 2014.

On December 20th 2013, Polskie Górnictwo Naftowe i Gazownictwo S.A. and Grupa LOTOS S.A. executed a contract for the supply of crude oil. The oil will be supplied to the LOTOS refinery in Gdańsk.  

Mirosław Szkałuba, Vice-President of the PGNiG Management Board for HR and Assets, has resigned from his position of Management Board Member with effect as of December 20th 2013.

In accordance with a decision of the President of the Energy Regulatory Office (URE), as of January 1st 2014 PGNiG SA will introduce a revised gas tariff, which reflects the new gas market model being implemented in Poland.

For the seventh consecutive time, Polskie Górnictwo Naftowe i Gazownictwo SA has been included in the prestigious group of companies making up the RESPECT Index, the CEE region's first index of socially responsible businesses, maintained by the Warsaw Stock Exchange. 
 

On December 12th 2013, Polskie Górnictwo Naftowe i Gazownictwo SA and Chevron Polska signed a Memorandum of Understanding on the terms of their potential collaboration on shale gas exploration projects in south-eastern Poland.

As part of another edition of the Responsible Business League programme, supported by PGNiG, on December 6th 2013, the Gas Museum will host young CSR adherents for the third time. The Responsible Business League is an educational initiative of the Responsible Business Forum. Its objective is to promote the building of new managerial and entrepreneurial resources and the formation of social leaders, change makers, and most of all, responsible people.

On November 28th 2013 PGNiG SA, acting in line with the procedure defined in the Articles of Association of EuRoPol Gaz SA, appointed Mr Kazimierz Nowak as President and Mr Tomasz Flis as Second Vice-President of the Management Board of EuRoPol Gaz SA.

PGNiG SA and Gas Trading SA, as shareholders representing 52% of the share capital of EuRoPol Gaz SA, have called an Extraordinary General Meeting of EuRoPol Gaz SA, to be held on November 28th 2013. The purpose of the meeting will be to change the composition of the EuRoPol Gaz Management Board based on PGNiG's appointment recommendations.

PGNiG Press Team

On November 21st 2013, the District Court for the capital city of Warsaw decided to grant the request, filed in an application by PGNiG SA and GAS TRADING SA, to appoint a trustee to EuRoPol Gaz SA. Barrister Piotr Sadownik was appointed as the trustee. His main task will be to ensure that the vacancies on the company's Management Board are filled without delay.

On November 13th 2013, Polskie Górnictwo Naftowe i Gazownictwo SA executed an agreement on sale of crude oil to BP Europe SE.

In the first three quarters of 2013, the PGNiG Group posted over PLN 2bn in net profit, versus PLN 122m in the same period last year. This bottom-line improvement was driven by a substantial increase in the volumes of crude oil produced and sold after the production facility in Lubiatów and the Skarv field on the Norwegian Continental Shelf were brought on stream.

The 'Social Innovation. New Beginning' conference is designed to show the potential of social innovation, its applicability in various areas, and most of all the benefits that investing in social innovation can yield to businesses.

On November 8th 2013, prior to the scheduled meetings of the Supervisory Board and the General Meeting of EuRoPol Gaz SA, the company received a resignation letter from Zdzisław Jamka, second Vice-President of the Management Board, and the General Meeting of EuRoPol Gaz SA received a request from Mirosław Dobrut, President of the Management Board, to be removed from the office. Under the current legal status, EuRoPol Gaz SA does not meet the requirements set out in its Articles of Association whereby the Management Board must be composed of four members.

In connection with the upcoming end of the present term of office of the PGNiG S.A. Management Board, at the meeting of November 8th 2013 the Supervisory Board decided to commence the qualification procedure for the following positions in the new, fourth joint term of the PGNiG S.A. Management Board:   - President of the Management Board,   - Vice-President of the Management Board for Trade,   - Vice-President of the Management Board, Chief Financial Officer,   - Vice-President of the Management Board for Exploration & Production.

On November 4th 2013, Polskie Górnictwo Naftowe i Gazownictwo S.A. executed an annex to the agreement on sale of crude oil to TOTSA TOTAL OIL TRADING SA.

Polskie Górnictwo Naftowe i Gazownictwo SA concluded an agreement with Ukraine-based DTEK Trading on the supply of natural gas for the purpose of evaluating the possibility of natural gas transmission across the territory of Poland to the Polish transmission system's exit point in Hermanowice.

The volume of crude oil sold by Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) in Q1-Q3 2013 doubled, from 352 thousand tonnes to 705 thousand tonnes, year on year. In the same period, crude output rose more than twofold, from 353 thousand to 789 thousand tonnes. These substantial increases in crude production and sales follow the launch of production from two key projects - the LMG oil and gas extraction facility and the Norwegian Continental Shelf.

Polskie Górnictwo Naftowe i Gazownictwo SA has plans to increase production of crude oil in 2014 to 1.19 million tonnes. According to the updated forecast for 2013, production is expected to more than double relative to 2012 - with up to 1.09 million tonnes (about 8 million barrels) extracted in 2013, compared with 492 thousand tonnes (about 3.6 million barrels) in 2012. Such growth will be attributable mainly to foreign production, which in 2013 will reach 310 thousand tonnes (about 2.3 million barrels), as well as to the Lubiatów production facility coming on stream.

On October 10th 2013, the Regional Court of Warsaw - the Court of Competition and Consumer Protection reduced the amount of a fine imposed by a decision of the President of URE on Polskie Górnictwo Naftowe i Gazownictwo SA for its breach of the terms of a cross-border gas trading licence to PLN 1.5m.