gas.

The Group’s third-quarter performance was driven by low oil and gas prices prevailing on energy exchanges. The average price of natural gas on the Day-Ahead Market of the Polish Power Exchange was PLN 112.21 per MWh in the third quarter of 2018 compared with barely PLN 51.20 per MWh in the third quarter of 2019, […]

The Management Board of PGNiG announced that on November 15, 2019, after obtaining the required corporate approvals, it submitted to PAO Gazprom and OOO Gazprom Export a declaration of will to terminate the contract for the purchase and sale of natural gas to the Republic of Poland of September 25, 1996.

What goes on in Poland on the 15th of November.

PGNiG announces an intensification of LNG imports in the first quarter of 2020. Even one LNG cargo is to arrive in the Świnoujście LNG terminal every week, compared to two per month presently.

Russia threatens to stop talks with Ukraine if it does not give up all claims. The German parliament wants to weaken the gas directive aimed to entrap Nord Stream 2. These are stress tests for the European Commission, which cannot be subject to Berlin and Moscow to maintain credibility in other capitals, such as Budapest […]

PGNiG Upstream Norway bought 10 percent shares in the PL636 and PL636B licenses in the North Sea from Pandion Energy, thus increasing its ownership in the Duva field to 30 percent.

What goes on in Poland on the 8th of November.

What goes on in Poland on the 6th of November.

An essential stage in the negotiations is to determine the initial positions, to outline the interests of the parties and the red lines beyond which they will never go – says Natalya Katser-Buchkovska in an interview for BiznesAlert.pl.

What goes on in Poland on the 4th of November.