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Polish Oil & Gas Company (PGNiG)

Company Summary

Description

PGNiG (the Polish Oil and Gas Company) is the leader of the Polish natural gas market. Listed on the Warsaw Stock Exchange, the company's core businesses include the exploration and production of natural gas and crude oil fields; the import, storage, and sale of natural gas; the distribution of gaseous and liquid fuels; and heat and electricity generation. PGNiG holds exploration and production licenses on the Norwegian Continental Shelf and in Pakistan. The exploration and production activity in Norway is carried out by PGNiG Upstream Norway. Munich-based PGNiG Supply & Trading is engaged in gas trading in Western Europe and operates an LNG trading office in London.

Operational Regions

  • Europe

Related Entities

Firm Transport Commitments

Project: Calcasieu Pass LNG Terminal
Firm Commitment: 1 mtpa

Project: Plaquemines LNG Project Phase I
Firm Commitment: 1 mtpa

Project: Port Arthur LNG Project
Firm Commitment: 2 mtpa

Project: Calcasieu Pass LNG Terminal
Firm Commitment: 1.5 mtpa

Project: Plaquemines LNG Project Phase I
Firm Commitment: 1.5 mtpa

Project: Plaquemines LNG Project Phase I
Firm Commitment: 1.5 mtpa

Recent news

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Company Transactions

Date: 12/31/2020
Type: Acquisition

NOTES:
Shell's North Sea subsidiary has reached a deal to divest its stake in the Kvitebjørn and Valemon fields to Poland's PGNiG. The deal will boost the firms gas production in Norway by 45% from 2019 to 0.9 billion cubic meters.
REGIONS:
  • North Sea
  • Date: 7/15/2019
    Type: Acquisition

    DETAILS:

    VOLUMES: 20 Percent

    NOTES:
    PGNiG acquired a 20% interest in the Duva field offshore Norway from Wellesley Petroleum.
    REGIONS:
  • North Sea