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Baltic LNG & Gas Forum
7-8 June 2022
Klaipėda CastleKlaipėda, Lithuania

Polish Oil and Gas Company

Profile

Polish Oil and Gas Company (PGNiG) is the leader of the Polish natural gas market. Listed on the Warsaw Stock Exchange the company’s core business includes exploration and production of natural gas and crude oil. Its key branches and subsidiaries import, store, sell and distribute gaseous and liquid fuels. They also generate heat and electricity. PGNiG holds stake in about 30 companies including entities that provide professional geophysical, drilling and maintenance services. PGNiG holds exploration and production licenses on the Norwegian Continental Shelf, in Pakistan and United Arab Emirates. The exploration and production activity in Norway is carried out by PGNiG Upstream Norway. While Munich-based PGNiG Supply & Trading is engaged in gas trading in Western Europe, also operating the LNG trading office in London. In 2020, PGNiG launched a research program aimed at developing alternative fuels and ultimately including them in the sales offer. The PGNiG Group wants to become involved in the use of biomethane as well as the production, storage and distribution of hydrogen. PGNiG wants to expand its competences in the area of generating electricity from renewable energy sources based on photovoltaic and wind farms.