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49-639: Drilling of the first production well started in late 2008, when construction of the Bovanenkovo–Ukhta section of the Yamal–Europe pipeline also started. In 2020 production was 99 billion cubic metres (3.5 × 10 ^  cu ft) of its nominal production capacity of 115 billion cubic metres (4.1 × 10 ^  cu ft) per year. The development of deeper wet gas layers could increase capacity to 140 billion cubic metres (4.9 × 10 ^  cu ft) per year. The Kharasavey gas field

98-633: A 4% holding by Polish Gas-Trading S.A. It was agreed in 2009 that this small holding would be sold, leaving both partners with 50%. In 2022 the Gazprom shares in EuRoPol Gaz S.A were put under management after sanctions froze the shares and in October 2023 the shares were transferred to Polish oil concern Orlen, which became the 100% owner of the Polish portion of the pipe. Poland sets compensation for

147-645: A deal to jointly explore for Norwegian offshore oil. Following the Russia–Ukraine gas dispute in 2009, Poland and PGNiG began construction of the President Lech Kaczyński LNG Terminal. In 2011, PGNiG purchased 99.8% of Vattenfall Heat Poland's assets for PLN 2.96bn, becoming the owner of Elektrociepłownia Warszawskie. In the same year, the company started large-scale exploration for possible shale-gas reserves in Poland. The first shale gas

196-578: A demand allegedly constituting breach of contract. Poland said it did not expect disruptions in supply due to its natural gas storage facilities being about 75% full (ensuring 40–180 days of supply), the Poland–Lithuania gas pipeline becoming operational in May that year, the Baltic Pipe natural gas pipeline between Poland and Norway becoming operational in October. Poland can also import gas via

245-570: A gas storage agreement with Ukraine's Ukrtransgaz, which was extended in 2018. By April 2022, PGNiG had ordered seven LNG carriers. In June 2018, PGNiG signed an agreement with Port Arthur LNG to supply Poland with LNG from the Port Arthur facility in Jefferson County , Texas , United States . In November 2018, PGNiG signed a long-term contract with Cheniere Marketing International. It secures liquefied natural gas supplies from

294-456: A price review under the contract. Gazprom had to refund about $ 1.5 billion to PGNiG. The 1996 contract is for up to 10.2 billion cubic metres per annum (360 billion cubic feet per annum) of gas until it expires in 2022, with a minimum amount of 8.7 billion cubic metres per annum (310 billion cubic feet per annum). During the 2021 global energy crisis , PGNiG made a further price review request on 28 October 2021. PGNiG stated

343-589: A switch to liquefied natural gas (LNG) supplies imported from Qatar, the U.S. and Norway, and possibly a pipeline to Norway, greatly reducing the significance of supply through the Yamal pipeline. Transit on the Polish section of the pipeline onto western Europe was until 18 May 2020 enabled by a long-term transit agreement with Gazprom . Since then, in accord with the EU Capacity Allocation Mechanisms NC regulation 2017/459, transit

392-517: A total of 213 production licences in Poland, produced 787,000 tonnes of oil and 3,839 mcm of high-methane and nitrogen-rich gas. Outside of Poland, PGNiG reported a total production of 698 mcm in combined gas and 470,000 tonnes of crude oil. The company was also engaged in exploration activities in Pakistan, and minor activities in Libya and Iran. PGNiG's trade and storage operations are in charge of

441-597: Is a stub . You can help Misplaced Pages by expanding it . This Yamalo-Nenets Autonomous Okrug location article is a stub . You can help Misplaced Pages by expanding it . Yamal%E2%80%93Europe pipeline The Yamal–Europe natural gas pipeline is a 4,107-kilometre-long (2,552 mi) pipeline connecting Russian natural gas fields in the Yamal Peninsula and Western Siberia with Poland and Germany , through Belarus . The Poland portion ceased operating in 2022. In Gazprom 's development project nomenclature

490-534: Is about 100 kilometres (62 mi) north of Bovanenkovo. The 572 kilometres (355 mi) Obskaya–Bovanenkovo railway was built from Obskaya to provide all year access to the Bovanenkovo gas field, opening in 2011. The port at Kharasavey gas field can be used in the summer. The gas field is also served by the Bovanenkovo Airport ( IATA : BVJ ). This article about a natural gas field

539-515: Is offered to all parties on a yearly, quarterly, monthly, daily and intraday basis. In July 2021 Gazprom decided not to book an annual contract, creating concern that Gazprom no longer planned to use the pipeline all year as a route to transport gas to Europe. The pipeline closed in 2022 and in 2023 Poland took over the 48% Gazprom shares, which were frozen by sanctions, in the pipeline. There have been at least seven interruptions, either complete suspensions or restrictions, in gas supply to Poland in

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588-679: The Arbitration Institute of the Stockholm Chamber of Commerce ruled that PGNiG's long-term contract gas price with Gazprom linked to oil prices should be changed to approximate the Western European gas market price, backdated to 1 November 2014 when PGNiG requested a price review under the contract. Gazprom had to refund about $ 1.5 billion to PGNiG. The 1996 Yamal pipeline related contract is for up to 10.2 billion cubic metres of gas per year until it expires at

637-560: The Kremlin pledged again to increase the delivery of natural gas to Europe. On 26 April 2022, PGNiG's press office informed that "Gazprom has formally applied to PGNiG with a letter on legal changes in the Russian Federation regarding the change in the rules of payment for gas supplies". The Baltic Pipe between Norway and Poland will have the capacity to replace the roughly 60% of Polish gas imports coming from Russia via

686-601: The Parkiet daily and the Institute of Accountancy and Taxes, named PGNiG one of the 28 most transparent companies in Poland. In 2019, the PGNiG Annual Report received the award for “The Best Annual Report” in the category “Enterprises” from the Institute of Accounting and Taxes (IRiP). Some scientists and local fishermen have raised concerns about the potential effect of LNG infrastructure on marine life in

735-516: The United States of America . In December 2018, PGNiG won an exploration licence for blocks in the Emirate of Ras Al Khaimah , United Arab Emirates (UAE). For organizational and nonadministrative purposes, the company will establish a local office in the emirate. In June 2019, PGNiG agreed with its US counterpart Venture Global for an annual increment of 1.5 million metric tons from

784-520: The Yamal project . The SRTO–Torzhok branch section starts at Novy Urengoy , near the developing Urengoyskoye gas field within the Urengoy gas field complex. As of 2020, the Yamal gas fields produce over 20% of Russia's gas, which is expected to increase to 40% by 2030. The capacity of the pipeline is 33 billion cubic metres (1.2 trillion cubic feet) of natural gas per annum. The diameter of

833-752: The Świnoujście LNG terminal . As of 29 September 2022 , eastward flow of gas from Germany to Poland through the Yamal–Europe pipeline is stable. The section west of the Torzhok gas hub includes about 402 kilometres (250 mi) in Russia, 575 kilometres (357 mi) in Belarus and 683 kilometres (424 mi) in Poland . It is fed from the north-east by the Bovanenkovo–Ukhta, Ukhta–Torzhok and SRTO–Torzhok sections, which are all considered to be part of

882-674: The 18 years prior to April 2022. Depending on the type of incident, these interruptions that lasted from a few days to half a year. On 6 November 2021, Reuters reported that gas delivery through the Polish section had been halted, or the flow has been reversed. According PGNiG , everything is fine from their point of view, as Poland received gas from both the east and the west, according to domestic demand and gas pricing. Russia has been accused of intentionally reducing gas flows to Europe for political purposes, but generally high Russian domestic requirements led to this situation. On 9 November 2021, westward flows into Germany were re-established, and

931-604: The 684-km Polish section of the Yamal pipeline at 787 million zloty ($ 183m). In 2005, there were plans to build a second leg of the pipeline via Belarus. On 1 November 2007, the Russian minister of industry and energy Viktor Khristenko said these plans had been dropped, because construction of the Nord Stream 1 pipeline was preferred. PGNiG Polskie Górnictwo Naftowe i Gazownictwo S.A. ( en : Polish Oil Mining and Gas Extraction S.A. ), abbreviated to PGNiG ,

980-478: The Arctic Circle. In September 2022, PGNiG signed a major deal to buy natural gas from Equinor , which was considered one of the major energy companies. Under the agreement, PGNiG will receive 2.4 billion cubic meters of gas per year for 10 years, as the gas will pass through the new Baltic pipeline project. This step comes in an attempt by the government to replace Russian gas and diversify gas supplies in

1029-750: The Office of Competition and Consumer Protection. In September 2021, PGNiG bought Ineos ' oil and gas business in Norway in a $ 650 million deal. The deal includes all of Ineos' oil and gas business in production, licenses, fields, facilities and pipelines of Ineos on the Norwegian continental shelf. In 2021, PGNiG was ranked no. 58 in the Arctic Environmental Responsibility Index (AERI) that covers 120 oil, gas, and mining companies involved in resource extraction north of

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1078-483: The PNGiG consortium into one company, under the name Polska Spółka Gazownictwa, was completed. In December 2013, PGNiG announced a cooperation with Chevron in order to scale-up their shale-gas operations faster. On August 1, 2014, PGNiG OBRÓT DETALICZNY was separated from the current structure of PGNiG SA. Its establishment was dictated by legal conditions and the need to prepare for the upcoming full liberalisation of

1127-563: The Plaquemines terminal. Thus, the volume of liquefied gas from the Plaquemines terminal will increase from 1.5 to 2.5 million tons per year. In July 2019, PGNiG Upstream Norway , a subsidiary of the PGNiG bought 20% of the Duva field from Wellesley Petroleum. On 14 July 2020, PKN Orlen announced its intention to take over PGNiG, and on 10 May 2021, it submitted a takeover application to

1176-826: The Poland section of the pipeline. The first gas was delivered to Germany through the Belarus-Polish corridor in 1997. The Belarus and Polish sections were completed in September 1999. Construction of the Bovanenkovo–Ukhta section started in December 2008, at about the same time drilling of the first production well in the Bovanenkovo gas field started. The pipeline reached its rated capacity of about 33 billion cubic metres per annum (1.2 trillion cubic feet per annum) of natural gas in 2006, after completion of all compressor stations. The total cost of building

1225-436: The Russian energy firm Gazprom had told it on April 26, 2022, all gas deliveries to Poland would be halted from 08:00 CET the next day. Gazprom stated that the suspension under new rules announced a month before, which mean "unfriendly" countries must pay for gas in rubles . PGNiG has always refused to do this. At this time, PGNiG relied on Gazprom for the majority of its gas imports and bought 53% of its imports from Russia in

1274-509: The Yamal pipeline, and is expected to be operational by the end of 2022. At the end of 2019, the management of PGNiG decided not to extend the Yamal contract that was due to expire at the end of 2022. On 26 April 2022, Gazprom announced it would stop delivering natural gas to Poland via the Yamal–Europe pipeline, as well as to Bulgaria , as both countries had rejected Russia's demand that payments for gas be made in Russian rubles -

1323-614: The Yamal–Europe pipeline. The German gas system is connected to the Yamal–Europe pipeline through the JAGAL pipeline . The Bovanenkovo–Ukhta section involved a 72 kilometres (45 mi) undersea pipeline under Baydaratskaya Bay in the southern Kara Sea . The western section of the pipeline was initially supplied by the slowly depleting gas fields in the Nadym Pur Taz District of the Tyumen Oblast and not from

1372-404: The company first began plans for the Świnoujście LNG terminal (Polskie LNG terminal). In 2007 and following years, PGNiG and Gazprom had various heated exchanges about pipeline operator EuRoPol Gaz , a Polish-Russian joint venture that operates the Yamal pipeline , after Gazprom had demanded an increase in shareholder rights. In the following year, Polish oil refiner Lotos and PGNiG signed

1421-554: The company's international natural gas trading business. The company operates seven underground gas storage facilities in Poland, that are located in Brzeźnica, Husów, Mogilno, Strachocina, Swarzów, Wierzchowice and Kosakowo. As of May 2022 , Poland has 34 TWh of gas storage, of which 96% is used. Since 2017, PGNiG also operates storage facilities in Ukraine, partnering with the local gas transmission operator Ukrtransgaz. In 2017,

1470-661: The country was handled by two main branches of the company - in Zielona Góra and in Sanok. The Zielona Góra Branch produces nitrogenous natural gas in 27 mines (17 gas and 10 oil-gas mines), while the high-methane gas was produced by the Sanok Branch and extracted in 47 mines (25 gas and 22 oil-gas mines). The produced nitrogen-rich gas was further processed into high-methane gas at the denitrification plant in Odolanów and at

1519-491: The country. In October 2022, Shareholders of PGNiG approved the company's takeover by PKN Orlen, this came after PKN Orlen Shareholders done the same. As part of Polish plan to become fully energy independent from Russia within the next few years, Piotr Wozniak, president of the company, stated in February 2019: "The strategy of the company is just to forget about Eastern suppliers and especially about Gazprom ." In 2020,

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1568-551: The end of 2022, with a minimum annual amount of 8.7 billion cubic metres. Following the 2021 global energy crisis , PGNiG made a further price review request on 28 October 2021. PGNiG stated the recent extraordinary increases in natural gas prices "provides a basis for renegotiating the price terms on which we purchase gas under the Yamal Contract." In the light of the 2022 Russian invasion of Ukraine , gas supply from Russia became even more difficult. According to PGNiG,

1617-530: The first LNG delivery from the United States, which became the first LNG cargo shipment from the US Europe. In March of the same year, Polish energy firms PGNiG, PGE and Energa announced a total investment of $ 127 million into Poland's coal mining firm PGG. More than half of the investment came from PGNiG. The three companies had become PGG investors in the previous year. In 2017, PGNiG first signed

1666-402: The first quarter of 2022. In May 2022, Russia issued sanctions against EuRoPol Gaz, Gazprom Germania and other gas companies. PGNiG was composed of various subsidiaries. As of 2017 the group included 20 direct and 14 indirect subsidiaries in the production, trade  and  service  industries. The group also features a mutual insurance company, PGNiG's chief governing body

1715-686: The gas market in Poland. As a result of the change, all retail customer service in the field of natural gas and electricity sales were transferred to the new company. Following these steps in deregulation of the Polish energy market, PGNiG was one of the first companies to directly trade on the nation's gas exchange. In 2014, as part of the Russo-Ukrainian War , PGNiG reported a reduction of gas deliveries from Russia by 45%. As part of this reduction, PGNiG had to temporarily cut their gas exports to Ukraine. In 2015, PGNiG expanded their cooperation with PKN , jointly exploring for oil and gas in

1764-474: The increase of costs for gas imports from Russia in 2012, the company announced a two-year plan to reduce costs and sell non-essential company assets, while also preparing for two subsidiary IPO's in 2013. The company also ended pricing negotiations with Gazprom in November 2012, agreeing to change a pricing-formula from contracts signed in 1996. In September 2013, the consolidation of all gas companies within

1813-675: The newly built denitrification plant near Grodzisk Wielkopolski. PGNiG has international operations in different countries. It has been active in the Middle East and Asia since the 1980s. In October 2018, PGNiG was one of several companies to not extend operations in Iran, following the reinstatement of U.S. sanctions. PGNiG was the only producer of Helium in Central Europe. PGNiG's Exploration and Production segment reported an operating profit of PLN 2,805m for 2017. The company held

1862-510: The pipeline consists of four sections, Bovanenkovo–Ukhta (1,200 km or 750 mi), Ukhta–Torzhok (970 km or 600 mi), the western section from Torzhok also confusingly named Yamal–Europe (1,660 km or 1,030 mi), and the partly parallel SRTO–Torzhok branch section (2,200 km or 1,400 mi). Planning for the Yamal–Europe pipeline started in 1992. Intergovernmental treaties between Russia , Belarus and Poland were signed in 1993. In 1994, Wingas started building

1911-524: The pipeline has been estimated at $ 36 billion. In 2012, a 10% reduction in the gas price for the Polish state-controlled oil and gas company PGNiG was agreed. In 2020, the Stockholm Arbitration Tribunal ruled that PGNiG’s long-term contract gas price with Gazprom, linked to an index of oil and gas prices, should be changed to approximate the Western European gas market price, backdated to 1 November 2014 when PGNiG requested

1960-479: The pipeline is 1,420 millimetres (56 in). The pressure in the pipeline is provided by 14 compressor stations. The Russian section of the pipeline is owned and operated by Gazprom . The Belarusian section is owned by Gazprom and operated by Gazprom Transgaz Belarus . The Polish section is owned and operated by EuRoPol Gaz S.A., a joint venture of the Polish PGNiG , Russian Gazprom, initially with

2009-444: The recent extraordinary increases in natural gas prices "provides a basis for renegotiating the price terms on which we purchase gas under the Yamal Contract." In 2019, as part of Poland's plans to become energy independent from Russia, Piotr Wozniak, president of PGNiG , stated "The strategy of the company is just to forget about Eastern suppliers and especially about Gazprom ." PGNiG intends to diversify supplies primarily through

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2058-620: The south-east of Poland. In June 2016, the President Lech Kaczyński LNG Terminal received the first commercial cargo of liquefied natural gas under a commercial contract between PGNiG SA and Qatar 's LNG producer QatarEnergy LNG . Another LNG cargo was delivered from Norway's Statoil, totaling around 140,000 tons. In 2017, Qatargas signed a new LNG Sale and Purchase Agreement (SPA) with PGNiG, agreeing to deliver two million tonnes per annum (MTPA), starting on 1 January 2018 (until June 2034). The company also announced

2107-540: Was a Polish state-controlled oil and gas company, headquartered in Warsaw , Poland. The company has branches and representative offices in Russia , Pakistan , Belarus and Ukraine and holds equity interests in some 30 subsidiaries, including providers of specialist geophysical, drilling and well services. PGNiG was one of the largest companies in Poland, the largest Polish oil and gas exploration and production company and

2156-543: Was established and became the first step in transforming the company's ownership structure. In 2005, PGNiG was listed on the Warsaw Stock Exchange . In 2005, PGNiG signed a three-year contract with the government of Pakistan to explore in the Kirthar region, in a joint-venture with Pakistan Petroleum (30%). In the same year the company set up another joint-venture with German Verbundnetz Gas . In 2006,

2205-837: Was excluded from developing a gas field in Iran. In 2012, Polish chemical company Tarnow announced to partner with PGNiG in building a 130 megawatts gas-fuelled heat and power plant. At the end of 2012, one of the main investment projects for the development of natural gas and crude oil fields in the Lubiatów-Międzychód-Grotów region (LMG project) was completed. Test production had started in early August. The newly erected facilities and 14 wells were expected to produce around 100 million cubic metres of natural gas and 300,000 tonnes of crude oil, and together with another Norwegian project, doubled PGNiG's total oil production levels. Poland and PGNiG had been following plans to reduce dependence on Russian gas for several years. Following

2254-588: Was led by chairman Bartłomiej Nowak and vice-chairman Piotr Sprzączak. As of September 2019, PGNiG's shareholder structure is: PGNiG operates along the whole value-chain of oil and gas, including exploration and development, upstream production, transportation and downstream processing and delivery of the refined products to private and corporate customers. It 2008, the company supplied gas to 6.5 million customers. The largest of them were combined heat and power plants, steel mills and nitrogen plants. The production and extraction of natural gas and crude oil throughout

2303-624: Was listed on the Warsaw Stock Exchange . PGNiG was established as a state-owned enterprise on September 1, 1982. The company was a successor of the Union of Oil and Gas Mining, which was created by a merger of the Polish Union of Gas Industry and the Oil Industry Union in 1976. In 1996, the company was transformed into a joint-stock company, owned by the state treasury. In 2004, PGNiG Przesyl Sp. z.o.o. (today OGP GAZ-SYSTEM S.A.)

2352-456: Was produced from a well in northern Poland within the same year, and commercial production levels were expected to be reached by 2014. In discussions about the impact of shale-gas extraction ( fracking ), PGNiG officials stated, that regulation should happen on national levels and not be decided by institutions like the EU. In 2012, Poland granted 111 shale-gas exploration licenses. In 2011, PGNiG

2401-568: Was the management board, which has five members. The board was led by president Piotr Woźniak. In January 2020, PGNiG appointed Jerzy Kwiecinski as new CEO and president of the management board. The other members are Jarosław Wróbel, vice president of the board, Przemysław Wacławski, vice president finance, Arkadiusz Sekściński, vice president development, Robert Perkowski, vice-president operational and Magdalena Zegarska, vice-president. Violetta Jaśkowiak serves as an authorized executive manager (procurator). The supervisory board has eight members and

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