PGNiG: Poland buys less gas from Russia and more LNG

In relation to media releases shared by Gazprom, PGNiG informs that the growth of imports of liquefied natural gas (LNG) contracted from Qatar, Norway and the USA, was tenfold higher than the growth of imports of natural gas from Russia. Compared to purchases of gas from Russia, a rise in LNG imports was also greater […]

PGNiG deals give a chance for cheaper LNG in the future

The duration of the contract and the annual gas trade – these are important and symbolic information that break through the contracts for LNG supplies from the USA signed by PGNiG. The most intriguing, however, is the economic side of the contract, which we can not have insight in due to the confidentiality of the […]

PGNiG will be able to sell LNG worldwide (INTERVIEW)

The price of liquefied gas from the USA is indexed to Henry Hub. I expect that this is how the pricing conditions for this contract were formulated. Of course, the cost of gas condensation, followed by freight and insurance, should also be added to its total price. We do not know how comprehensive the contract […]

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