Exploration & Production

PGNiG intensifies efforts to increase gas production

The company aims to reduce Poland’s dependence on Russian imports by increasing gas production in Norway and boosting its presence in the LNG market The company aims to reduce Poland’s dependence on Russian imports by increasing gas production in Norway and boosting its presence in the LNG market.
By Silvia Favasuli 11 January 2018 0 29046
Poland’s LNG terminal during its construction. (Polskie LNG)

PGNiG is looking to increase gas production to reduce its dependence on Russian supplies and is targeting Norway as its preferred area for upstream development in 2018. 

The Polish state-owned company has set a gas production target of 2.5 billion cubic metres per year by 2022 – the year in which its supply contracts with Moscow expire – up from a current level of 0.5 bcm/y. 

“One way to achieve this target is to acquire gas fields on the Norwegian Continental Shelf [NCS] that are already in...