What goes on in Poland on the 29th of May.
PGNiG may quadruple gas supplies to Ukraine
PGNiG CEO Jerzy Kwieciński reported on Polish Radio 24 that his company sent 690 million cubic meters of gas to Ukraine in the first quarter of 2020. If this trend continues, Poles may quadruple the result from last year.
PGNiG sold 10,6 billion cubic meters of gas at that time, of which 690 million went to Ukraine. That’s 7 percent of total sales volume. Kwieciński reminded that the expansion of the LNG terminal, the increased capacity of which has already been reserved by PGNiG, as well as the Baltic Pipe gas pipeline, will provide gas with a surplus allowing it to be re-exported to Poland’s neighbors.
If exports from the first quarter of 2020 were repeated in the next to the end of 2020, PGNiG’s supplies to Ukraine would reach 2,76 billion cubic meters. However, the limitation may be the fact that gas reserves on the Dnieper are record-breaking and Ukrainians may not need such a large amount of fuel from abroad. PGNiG’s exports to Ukraine in 2019 amounted to 5,97 TWh, i.e. approximately 544 million cubic meters.
