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  • Gas consumption in Poland is on the rise. Share of gas purchased from Russia is in decline, while imports of LNG have grown
    édité le 09/08/2018 - Plus de news de "PGNIG" - Voir la fiche entreprise de "PGNIG"


Gas consumption in Poland is on the rise. Share of gas purchased from Russia is in decline, while imports of LNG have grown
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 in terms of volume.

Between January and July 2018, PGNiG imported ca. 0.6 bcm more of LNG on a year-on-year basis, which is an increase of 60%. Gas imports from Russia for the same period rose on a year-on-year basis by less than 0.4 bcm, an increase of just ca. 6%.

Moreover, PGNiG informs that volatility in annual Russian gas import is not a result of any long-term contract amendments. Annual import volumes must always exceed a minimal level imposed by Gazprom under a take-or-pay clause, and they need to be smaller than maximum annual volumes agreed years ago in the long-term import contract which is to expire in 2022.

PGNiG also informs that between January and July 2018 the share of Russian gas in PGNiG import structure has decreased again and currently stands at 75% of total imports contracted by PGNiG, which is a drop by further 2% year-on-year. In the same period the share of LNG has been steadily rising to reach 19% of total imports contracted by PGNiG, representing an increase of 6% year-on-year.

Therefore, PGNiG suggests a cautious approach to the scope of and manner in which Gazprom shares information regarding natural gas sales to Poland, especially that for a few years now Russia has not been the sole source of gas imports to Poland.

Apart from natural gas production in Poland, which covers around 25% of Polish demand, PGNiG is importing growing volumes of natural gas from an increasing number of countries. Natural gas imports are on the rise in response to a rapid growth of Polish market gas demand. Natural gas consumption in Poland rose from 15 bcm in 2015 to 17 bcm in 2017, which represents the most dynamic growth in the history of the Poland, and counts among the best results in Europe. PGNiG has also been preparing to supply the Polish market with natural gas coming from the Norwegian Continental Shelf. Starting from the end of 2022 it is to be transported by the Baltic Pipe gas link from the North Sea through Denmark and the Baltic Sea. Moreover, starting from 2022 PGNiG will have a portfolio of over 4 million tonnes per annum of LNG from the USA (ca. 5.5 bcm after regasification) under the long-term contracts that are currently being developed.

About PGNIG

PGNiG (the Polish Oil and Gas Company) is the leader of the Polish natural gas market. Listed on the Warsaw Stock Exchange, the company’s core businesses include the exploration and production of natural gas and crude oil fields; the import, storage, and sale of natural gas; the distribution of gaseous and liquid fuels; and heat and electricity generation. PGNiG holds exploration and production licenses on the Norwegian Continental Shelf and in Pakistan. The exploration and production activity in Norway is carried out by PGNiG Upstream Norway. Munich-based PGNiG Supply & Trading is engaged in gas trading in Western Europe and operates an LNG trading office in London.

About Gazprom

Gazprom is a global energy company. Its major business lines are geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, sales of gas as a vehicle fuel as well as generation and marketing of heat and electric power.


Origine : Communiqué PGNIG

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