Tuesday, November 22, 2016

PGNiG has a contract for the supply of gas zaazotowanego with Palomar Natural Resources Onet.pl

Delivery starts after completion of connecting infrastructure of the mine ravitch owned by PGNiG mines Załęcze, where it will be receiving gas. Then the gas will odazotowany in the Department of PGNiG in Odolanowie. A group of Palomar suggests that the supply will be in the third quarter of 2017.

“the agreement is another step towards continuously increasing the number of gas sources, domestic. We see great potential in the production of this raw material in Poland. Therefore, in addition to a systematic increase in the cost of production of its own, we started working with another foreign partner,” said Vice-President of PGNiG for commercial Maciej Wozniak, quoted in the message.

“Palomar operates on the Polish market in 2014 and in the near future, as the first private international company in Poland started the production of natural gas on such a large scale. Confirmation of the commercial potential of the field ravitch is proof that there is a chance to further open and increase the production of natural gas from conventional fields in the West of Poland,” – said the President of the Group Palomar Natural Resources John Buggenhagen.

In the initial period the supply volume of raw materials is about 50 million m3 per year. The contract is concluded for an indefinite period.

PGNiG is present on the Warsaw stock exchange since 2005. The group is engaged in production of natural gas and oil in the country, the import of gas to Poland, storage of gas in underground storage of gas, distribution of gas fuel and natural gas and oil in the country and abroad and the provision of services, geological, geophysical and exploration in Poland and abroad.

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