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G4-4, G4-8, G4-9, G4-17

Polskie Górnictwo Naftowe i Gazownictwo SA is the leader in the natural gas market in Poland and fifth-largest company listed on the Warsaw Stock Exchange. Its objects include the search for and extraction of natural gas and crude oil, as well as imports, storage, sales and distribution of gas and liquid fuels, and the production of heat and electrical energy, through its key subsidiaries.

The PGNiG Group plays a key role on the Polish gas market and, as its leader, is responsible for preserving Poland’s energy security. To this end, it takes measures necessary to satisfy the steadily growing demand for gas fuel. The PGNiG Group ensures supply diversification by developing domestic deposits and sourcing gas from abroad, as the largest importer and supplier of natural gas in Poland. The fuel is transported into Poland via an extensive transmission network and the LNG terminal in Świnoujście. The company delivers gas to end users through the distribution networks. The national gas system is complete with gas fuel storage facilities, used to cover seasonal and daily shortages of gas fuel.

G4-6, G4-7

PGNiG SA holds shares in over 30 companies, including major global providers of specialised geophysical and drilling and maintenance services. PGNiG SA has branches and offi ces in Pakistan, the United Kingdom, Belgium, Russia, Belarus, as well as Ukraine, to which PGNiG SA started supplying gas in 2016.

PGNiG SA is also the exclusive owner of PGNiG Upstream Norway, which carries out deposit exploration and recovery activity in the Norwegian Continental Shelf and the Norwegian Sea, and PGNiG Supply & Trading, which trades in natural gas abroad. In 2017, PST opened a trading office for liquefied natural gas (LNG) in London.

In April 2017, the PGNiG Management Board adopted the PGNiG Group’s Sustainable Development Strategy for 2017-2022, which supports and complements the business objectives defined in the PGNiG Group Strategy for 2017-2022.

The PGNiG Group’s sustainable development strategy

rests on six strategic areas that set sustainable development priorities for the next five years. Considering the nature of business activities conducted by the individual PGNiG Group companies, 13 strategic objectives have been defined under the strategy.

The PGNiG’s mission defines the responsibility for ensuring energy security and indicates the concentration of attention on the client and his needs. It also takes into account the specificity of individual and business customers. On the other hand, the vision highlights the innovative nature of the solutions offered by the PGNiG Group.

The awareness of the impact on the environment and responsibility for energy security, rooted in the Group’s value system, are the foundations of the new CSR Strategy. Considering safety and innovation, the PGNiG Group companies are committed to meeting the highest standards in terms of transparent corporate culture, relations with employees and customers, pro-social attitudes and environmental protection measures, taking into account the expectations of their interest groups and shareholders.

Companies of the PGNiG Group in 2017

As at December 31st, 2017, the consolidated companies were PGNiG (the parent company) and 24 subsidiaries.

Operations in 2017

Total sales of natural gas  outside the PGNiG Group

mcm 2017 2016 2015 2014 2013
High-methane gas (E) 25,291 22,895 21,653 17,322 14,970
Nitrogen-rich gas (Ls/Lw as E equivalent) 1,496 1,371 1,295 1,252 1,202
TOTAL (measured as E equivalent) 26,787 24,266 22,948 18,574 16,172