Tag Archives: PGNiG

Poland’s PGNiG has announced that the launching of the €9.5bn Nord Stream 2 pipeline will increase the risks to the security of gas supplies to the European Union (EU). The Polish firm alongside its German subsidiary PGNiG Supply & Trading (PST) has filed its position within the certification procedure of …

The takeover by PKN Orlen, an oil refiner and retailer, of fellow Polish energy giant PGNiG is not merely the merger of two of Poland’s largest companies, it is a strategic move that the country’s government hopes will put PKN Orlen in the “premier league” of European energy firms. The …

Russia was still trying to stiff Poland on energy and gas prices in March and April despite a European court verdict that determined Russia overcharged Poland and should adjust its prices to fair market value. The Polish Oil Mining and Gas Extraction Company (PGNiG) won in the Court of Arbitration …

Polish state oil and gas company PGNiG issued a statement accusing Russia’s Gazprom of failing to comply with the ruling of Stockholm arbitration court. According to Warsaw, the Russian company continues to abuse its monopoly position in the market. “Gazprom has not complied with the final decision of the Arbitration …

Poland is ready to ensure its energy supplies without importing gas from Russia due to the diversification of supplies and increasing LNG imports.

Lithuania. Latvia and Estonia are on track to integrate into the European energy grid by 2025.

These cargoes are not the first Yamal-originated LNG supply to have reached U.S. coasts.

The U.S. is ready to help Europe to diversify its energy supply.

According to the deal. PGNiG will receive US liquefied natural gas. challenging the Russian supplier Gazprom.

It is doubtful that PGNiG will manage to earn dramatically in this highly competitive environment.