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In 2017, the PGNiG Group’s capital expenditure on property, plant and equipment and intangible assets was PLN 3.2bn, having gone up by ca. 7% year on year. The tables below present the Company’s and the Group’s expenditure in each segment.

Capital expenditure1 on property, plant and equipment made by PGNiG in 2017

Performance vs CAPEX plan 2017 2016² Performance
vs CAPEX plan 
I. Exploration and Production, including: 867 830 55%
1. Exploration 475 398
including expenditure on dry wells 60 77
2. Production 392 432
II. Trade and Storage 47 73 80%
1. Trade 3 1
2. Storage facilities used by the Trade and Storage segment 43 72
III. Other Segments 134 111 76%
IV. Total capital expenditure (I+II+III) 1,047 1,014 50%
1) Including capitalised borrowing costs.
2) The figures for 2016 take into account the transfer of the corporate centre area to the Other Segments.

Capital expenditure1 on property, plant and equipment made by the PGNiG Group in 2017

2017 2016² Performance
vs CAPEX plan3
I. Exploration and Production, including: 1,214 1,254 57%
1 Norway 275 343
2 Pakistan 100 98
3 Libya 4 6
II. Trade and Storage 60 82 55%
III. Distribution 1,265 1,109 86%
IV. Generation 526 438 58%
V. Other Segments 145 120 66%
VI. Total capital expenditure (I-V) 3,210 3,003 66%
1) Including capitalised borrowing costs.
2) The figures for 2016 take into account the transfer of the corporate centre area to the Other Segments.
3) Expenditure planned in 2017, net of expenditure on potential acquisitions in Norway.

Key investment projects and CAPEX in each segment: