Poland’s PGNiG imports of LNG rise 25% in H1

Energy Trade

Photo by Pavel Kapysh / Shutterstock.com

Polish gas monopoly PGNiG imported liquified natural gas (LNG) equivalent to 2.2 billion cubic meters (bcm) of natural gas in January-July, a 25% increase from the same period a year earlier, due to more deliveries from the United States. 

Photo by Pavel Kapysh / Shutterstock.com

Overall, its gas imports for the same period rose 1% to 7.5 bcm, with the bulk coming from Russia (4.1 bcm), the state-run utility said in its preliminary financial report late July 21, as cited by Montel News.

The company sold 5.2 bcm of gas on the country’s TGE power and gas exchange in H1, 10% more than in the same period of 2019, Montel News added.

ADVERTISEMENT

Gross Average Earnings at HUF 528,800 in January Figures

Gross Average Earnings at HUF 528,800 in January

Hungarian Lawmakers Ratify Finland's NATO Accession Parliament

Hungarian Lawmakers Ratify Finland's NATO Accession

Graphisoft Park Delays Transition to Dividend Payment in EUR Office Market

Graphisoft Park Delays Transition to Dividend Payment in EUR

HIPA Awards 'Investors of the Year' Awards

HIPA Awards 'Investors of the Year'

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.