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Record-high natural gas sales from Poland (PGNiG) to Ukraine

In 17 months PGNiG delivered over 1 bcm of natural gas to the Ukrainian market.

In 17 months - from August 2016 until December 2017 - PGNiG has delivered over 1 bcm of natural gas to the Ukrainian market. PGNiG's supplies of gas to Ukraine have doubled in 2017 reaching over 700 mcm a year, the company reported on January 10, 2018.


«These results are very satisfying. The sales of gas to the Ukrainian market is successful thanks to our proficient and flexible price policy,» commented Maciej Woźniak, Vice-President of PGNiG.


«Our supplies are attractive, because they are not only competitive, but also reliable and secure which is of a great importance to Ukraine. Portfolio of gas in our offer is well diversified: it comes from our domestic production in Poland and from various import directions. In the 1st 3 quarters of 2017, 12 % of our total import came via LNG terminal in Swinoujscie mainly from Qatar, Norway and the USA. We do not plan to import natural gas from Russia after 2022 - the expiration date of the current long term contract with Gazprom. For PGNiG energy security is a priority and it means diversified supplies of gas from different geographical directions at competitive prices, while supplies from Gazprom do not fulfill these conditions,» Woźniak added.


PGNiG started delivering gas to Ukraine in August 2016 via a direct interconnector. In October 2017 the Company signed framework agreements with the Ukrainian gas system operator Ukrtransgaz for gas storage and transmission pipeline capacities in Ukraine. This has opened new trade opportunities for PGNiG.


According to Argus data, in Q3 of 2017, PGNiG was the 9th biggest gas exporter to the Ukrainian market and the biggest Polish gas exporter to the neighboring country.


To read the news in Russian.


Source : Neftegaz.RU

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