Poland's main gas retailer, state-owned PGNiG, said on Friday that Gazprom was seeking international arbitration against PGNiG for a contract price revision.
Poland's main gas retailer PGNiG has announced a 25-percent gas price cut for corporations through February.
Polish oil and gas company PGNiG estimates its gas production on the Norwegian continental shelf at around 2.6 billion cubic metres (bcm) in 2022, Robert Perkowski, the PGNiG vice-president and COO, told reporters on Thursday.
PGNiG Upstream Norway, a subsidiary of Polish Oil and Gas Company (PGNiG), has discovered a 19-63-million-barrel crude oil deposit at the Egyptian Vulture exploration well in the Norwegian Sea, the company said in a Tuesday press release.
Russia's Gazprom energy corporation has said it is analysing the Polish PGNiG oil and gas company's request for price cuts on gas supplied by the Russian Yamal pipeline.
PGNiG Supply&Trading (PST), a subsidiary of Poland's oil and gas company PGNiG Group, in cooperation with the US-Ukrainian ERU, has won a tender for the sale of gas to Moldova. This will be the first delivery of non-Russian gas to that country in history.
Poland will no longer need Russian gas supplies delivered by the Yamal pipeline next October owing to the start of deliveries of North Sea gas via the new Baltic Pipe.
The Polish State Assets Minister has stated that LNG contracts signed by oil and gas PGNiG company with the US and other natural gas projects let Poland be more optimistic about the future and more independent of Russian gas deliveries.
Polish Oil and Gas Company (PGNiG) has bought majority stake in a Ukrainian company holding a gas exploration licence for an area bordering Poland.
Polish Oil and Gas Company (PGNiG) estimates it could increase its domestic natural gas resources by over 7 billion cubic meters in 2021-2022 thanks to its Smart Field project, which relies on artificial intelligence.