Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict


Polish state-controlled oil and gas company PGNiG is in advanced talks to secure additional gas supplies from Norway in order to cut reliance on Russian gas, reported Reuters, citing PGNiG CFO.

The Polish firm is looking to secure Norwegian gas via the new Baltic Pipe Project, which will link the two countries.

Planned to be commissioned in October 2022, the $2.25bn Baltic Pipe Project is designed to transport ten billion m³/year of gas from Norway to the Danish and Polish markets and three billion m³/year of gas from Poland to Denmark.

The pipeline project is considered a centrepiece of Poland’s strategy to diversify its sources and reduce reliance on Russian gas in the wake of Moscow’s military war against Ukraine.

In April 2022, Russia cut its gas supplies to Poland for not complying with its terms to make gas payments in rubles.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

PGNiG’s Przemyslaw Waclawski was cited by Reuters as saying to reporters: “We are in advanced talks with several entities on the Norwegian Shelf.”

PGNiG representatives said earlier that the firm signed contracts for 800 million cubic metres of gas for the fourth quarter of this year.

In a separate development amid Russia-Ukraine crisis, the Croatian government announced plans to invest €180m ($182.32m) to build a new gas pipeline, reported Reuters.

The government also plans to more than double the liquefied natural gas (LNG) capacity at its floating LNG terminal on the northern Adriatic Island of Krk, from 2.6 billion cubic metres (bcm) to 6.1 billion bcm of gas annually, to secure gas supplies.

Estimated to cost €155m, the proposed gas pipeline will connect the towns of Zlobin and Bosiljevo in northwestern Croatia.