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The state giant explains how it will use the power of the Baltic Pipe

The company PGNIG argues in the issued release that she is determined to ensure full use of reserved bandwidth. He adds, however, that the achievement of the assumed capacity is currently the result of several factors: first of all, the technical transmission capacity of the new gas pipeline, the demand situation on the Polish market and a certain level of flexibility necessary in balancing the system.

PGNiG also announces that it has a diversified portfolio of contracts for the supply of gas produced on the Norwegian Continental Shelf and in Denmark. The company informed about some of these contracts, in particular with Danish Ørsted and Lotos. Agreements with other suppliers were not disclosed due to commercial secrecy.

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The main source of gas to Baltic Pipe however, there will be own production on the Norwegian Continental Shelf. In 2020, the PGNiG Group mined 0.48 billion cubic meters in Norway. natural gas, in 2021 1.42 billion (+ 195%) and in 2022 it will extract 3 billion cubic meters. (+112%, forecast). According to assumptions The PGNiG Group’s own production on the Norwegian Continental Shelf is to reach 4 billion cubic meters in 2027, i.e. almost half of the Baltic Pipe capacity reserved by PGNiG.

– The company aims to secure a diversified portfolio of contracts including contracts with various suppliers and with different duration and volumes contracted. PGNiG is constantly in talks with partners operating on the Norwegian Continental Shelf in order to effectively achieve the goal of full use of the reserved capacity, informs the company in the release.

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