On October 7th 2013, Polskie Górnictwo Naftowe i Gazownictwo SA will introduce a new pricing policy for all natural gas instruments, traded on both the futures market and the day-ahead market, through the Polish Power Exchange.

On October 7th 2013, a working meeting will be held in Gdańsk between the representatives of Polskie Górnictwo Naftowe i Gazownictwo SA and OAO Gazprom.  

On August 14th 2013, an agreement on joint operations within the Kamień Pomorski licence block was signed between Polskie Górnictwo Naftowe i Gazownictwo SA and LOTOS Petrobaltic SA. In practical terms, the agreement will strengthen the cooperation between the companies in exploration for and production of conventional oil and gas resources.

In the first half-year of 2013, the PGNiG Group posted approximately PLN 1.43bn in net profit, versus PLN 45m in the same period last year. The over thirty-fold rise in net profit 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.

On July 29th 2013, Polskie Górnictwo Naftowe i Gazownictwo SA officially opened the Lubiatów oil and gas production facility. Construction of this facility has been the largest investment project in Poland's petroleum production industry in recent years. The opening ceremony of the facility, perceived as being of outstanding importance to both PGNiG and Poland's economy in general, was attended by Prime Minister Donald Tusk and Poland's State Treasury Minister Włodzimierz Karpiński.

Polskie Górnictwo Naftowe i Gazownictwo SA doubled its crude sales year on year in H1 2013, from 223,000 tonnes to 449,000 tonnes. Crude oil production increased more than two-fold and reached 462,000 tonnes in H1 2013, compared with 223,000 tonnes in the corresponding period of the previous year. This marked increase in output and sales followed the launch of production at two key projects - the LMG production facility and the Norwegian Continental Shelf.

The Supervisory Board of Polskie Górnictwo Naftowe i Gazownictwo SA decided that Mr Jerzy Kurella, current Vice-President of the PGNiG Management Board for Trade, will be the acting President of the Management Board until the new President is elected.

The Extraordinary General Meeting of Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) has changed the composition of the PGNiG Supervisory Board.

Polskie Górnictwo Naftowe i Gazownictwo SA has commenced production of natural gas from two wells in the Rehman field, located in the Kirhtar licence area in Pakistan.

PGNiG Upstream International AS, a subsidiary of Polskie Górnictwo Naftowe i Gazownictwo SA, has been awarded interests in four exploration and production licences in Norway as part of the 22nd licensing round carried out by the Norwegian Ministry of Petroleum and Energy.

Jerzy Kurella appointed Vice-President of the PGNiG Management Board for Trade; procedure to appoint President of the PGNiG Management Board concluded without selection of a winning candidate.

On May 22nd 2013, the Annual General Meeting of Polskie Górnictwo Naftowe i Gazownictwo SA granted discharge to all members of the Company's Management and Supervisory Boards in respect of their performance of duties in 2012, and made a decision concerning distribution of net profit for the 2012 financial year.

The PGNiG Group has reported PLN 1.07bn in net profit for Q1 2013, relative to PLN 333m for the corresponding period of the previous year. This marked growth was made possible by the increased production and sale of oil following the launch of two strategic projects - the LMG fields, with Poland's largest oil and gas extraction facility, and the start of production on the Skarv field in Norway.

The Supervisory Board of PGNiG SA has initiated a competitive procedure for selection of members of the Management Board of PGNiG SA, in the positions of President and Vice President of Sales. The Supervisory Board will be supported in the candidate selection procedure by the MMA Sp. z o.o. Sp. k advisory firm (AMROP), which specialises in the recruitment of senior management positions.

Polskie Górnictwo Naftowe i Gazownictwo SA will acquire its wholly-owned subsidiary PGNiG Energia. The merger is another step in the PGNiG Group's short-term value creation strategy for the years 2012-2014, unveiled towards the end of 2012.

Polskie Górnictwo Naftowe i Gazownictwo and TAURON Polska Energia have completed the process of securing financing for the construction of a CHP plant in Stalowa Wola, the largest gas-fired unit of its kind in Poland.

In the first quarter of 2013, the PGNiG Group sold 5.4 billion cubic metres of natural gas, setting its new record of quarterly sales.