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Polish oil and gas company includes Romania in expansion plans

Polish company PGNiG wants to expand production of natural gas in Romania and other countries, according to international news.

2015-01-27 13:10:48

The largest distributor of natural gas in Poland, PGNiG wants to expand production capacity among the countries taken into account in this year Romania and Croatia, as well as some States of Asia and America, news for news-round.com reads.

According to the news, by this sstrategy, PGNiG wound take advantage of lower prices for gas and oil, and expand operations for exploration of gas outside Poland, aimed at the purchase in many parts of the world. Polish company, which conducts operations on exploration of shale gas in Poland, plans to spend 530 billion dollars for the study and exploitation of gas this year.

Polskie Gornictwo Naftowe i Gazownictwo (PGNiG, literally: Polish Petroleum and Gas Mining) is a Polish state-controlled oil and natural gas company, which deals with the exploration and production of natural gas and crude oil, natural gas import, storage and distribution and sales of natural gas and crude oil. PGNiG is one of the largest companies in Poland and is listed on the Warsaw Stock Exchange.



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