On 17 May 2013, Wlodzimierz Karpinski, Minister of the State Treasury and Slawomir Nowak, Minister of Transport, Construction and Maritime Economy, paid a visit to the construction site of the LNG Terminal in Swinoujscie, the key project for the energy security of Poland. This was the first visit to the construction site for Minister Karpinski [...]
Talisman Energy Poland B.V. has reached an agreement to transfer its interests in Poland to its partner San Leon Energy. San Leon will acquire 100% of the shares of Talisman Energy Polska Sp. z o.o. (100% held by Talisman Energy Poland B.V.), including all assets and drilling equipment. The deal enables Talisman to exit the [...]
FX Energy, Inc. reported results of a drill stem test (DST) on the Tuchola-3K well in north-central Poland. Gas flowed at a rate of approximately 5 million cubic feet per day with traces of condensate from a dolomite section in the Ca1/Upper Devonian. The Company will run a 7” liner to a depth of approximately [...]
In the first quarter of 2013, the PGNiG Group sold 5.4 billion cubic metres of natural gas, setting its new record of quarterly sales. In Q1 2013, the Group produced 1.15 billion cubic metres of natural gas. At the same time, natural gas imports totalled 3.5 billion cubic metres, including 2.8 billion sourced from countries [...]
The construction of the liquefied natural gas Terminal in Świnoujście accelerates month by month; in March this year a record-increase in project advancement by 6.2 percentage points was reported. This confirms high efficiency of works performed during the past winter months, and proves company’s full readiness for this year’s construction season. The Project Investor – [...]
April 19, 2013 | Posted in
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The Minister of Treasury Mikołaj Budzanowski (Poland) visited, on 27 March 2013, the area of the investment that is crucial for the country’s energy security, the LNG terminal built in Świnoujście. The Minister of Treasury Mikołaj Budzanowski checked the progress of the work, also talked about the situation of the consortium responsible for the construction [...]
On the 3rd of June 2013, the Transmission System Operators (TSO) GAZ-SYSTEM S.A., Poland and ONTRAS – VNG Gastransport GmbH, Germany (ONTRAS) will, for the first time, offer bundled capacity products at the interconnection point Lasòw. Capacity marketing will be carried out as a pilot project on the first European platform for gas capacity allocation [...]
Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) made final acceptance of the Lubiatów-Międzychód-Grotów facility (LMG), one of the largest and most advanced projects completed by the company in recent years. The project will increase Poland’s conventional oil and gas production. Development of the LMG fields is an important step towards expanding PGNiG SA’s oil and [...]
On the 18 th of March 2013, Board of REMONTOWA SHIPBUILDING S.A. signed a new contract for building a modern, double–ended, car–passenger ferry with Gas-Electric propulsion. It is the result of winning the tender announced by SAMSØ Kommune, located in Denmark, in the region of Jutland Peninsula in September last year. The number of European [...]
March 20, 2013 | Posted in
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The PGNiG Group has recorded net profit of PLN 2.23bn for 2012, compared with PLN 1.75bn in the previous year. In Q4 2012, the Group’s net profit grew to PLN 2.2bn, from PLN 431m in the corresponding period of 2011. Group revenue grew by PLN 5.7bn, to PLN 28.7bn in 2012, mainly on the back [...]
