Poland's PKN Orlen oil and gas company came first in a 2021 ranking of 500 top Central-East European (CEE) firms published on Friday by the Coface insurer.
Shareholders of the country's natural gas monopolist PGNiG, at Monday's extraordinary general meeting (EGM), voted in favor of the planned merger with Poland's leading oil and gas company PKN Orlen.
The Baltic Pipe will strengthen Poland's sovereignty and will make it independent of fossil fuels imports from Russia, the president said on Tuesday at the symbolic opening of a major Norway-Denmark-Poland gas pipeline.
The Polish government, at its Monday sitting, approved the merger of Poland's leading oil and gas company PKN Orlen with the country's natural gas monopolist PGNiG, the government spokesperson said.
Poland's natural gas utility PGNiG has signed contracts with Equinor securing up to 2.4 billion cubic meters (bcm) in annual Norwegian natgas supplies over 10 years to January 1, 2033, PGNiG said on Friday.
Gas group PGNiG has said that it has secured gas supplies for the entire 2022/23 heating season and that it would utilise 100 percent of the Baltic Pipe’s capacity planned for this year.
Polish oil and gas company PGNiG and Norwegian oil exploration firm Aker BP have discovered new reserves of oil and gas in the Norwegian Sea, PGNiG announced on Friday.
Poland's leading oil and gas company PKN Orlen will likely acquire the country's natural gas monopolist PGNiG in October or November this year, Orlen said on Friday.
The takeover by PKN Orlen, the dominant Polish fuel firm, of its smaller rival, the Lotos Group, should be completed in late July or early August, and the takeover of gas company PGNiG in late September to early October, PKN Orlen's CEO has said.
Poland is safe in terms of gas deliveries for winter, Piotr Mueller, the government spokesman, said in response to criticism from a former head of the country's biggest gas firm.