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PGNIG halves natural gas supplies to Ukraine in H1 2022
KYIV. Aug 18 (Interfax-Ukraine) – In January-June 2022, the Polish state oil and gas company PGNIG supplied Ukraine with about 100 million cubic meters of natural gas, which is 54.6% less than in the same period last year (225 million cubic meters).
According to the report published on the company’s website for the first half of the year, despite the military operations in Ukraine, natural gas deliveries continued throughout the second quarter of 2022.
PGNIG said that its trading subsidiary PST is also upscaling its activities in Central and Eastern Europe in order to diversify the sources of gas supply to Poland and to optimise the PGNiG Group’s portfolio in the region.
Particularly important for PST is business expansion into and in markets which, thanks to the emerging gas infrastructure, will gain strategic significance for the Polish market directly (Slovakia, Ukraine and Lithuania), and indirectly (Italy, Hungary, Latvia and Estonia).
"Building capabilities and strengthening presence in the region will enable the company to gain an additional market for gas from the northern direction and optimise its gas portfolio using, among other things, the storage systems in Poland, Ukraine and Latvia," PGNIG said in the report.
Additionally, PGNIG intends to commence trading activities in Italy and Romania in late 2022.
