PGNiG named the volume of gas supplies from Norway via Baltic Pipe in 2023

MOSCOW, Sep 27 – PRIME. The PGNiG oil and gas concern will be able to deliver at least 6.5 billion cubic meters of natural gas from Norway to Poland in 2023 via the Baltic Pipe gas pipeline, the press service of the Polish company reported.

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The opening of the Baltic Pipe gas pipeline, which leads from the Norwegian shelf through Denmark to Poland, is expected on Tuesday. Its nominal capacity is ten billion cubic meters of gas per year.

“In 2023, PGNiG will be able to deliver at least 6.5 billion cubic meters of natural gas from Norway to Poland via Baltic Pipe. This means that the company will take at least 80% of the reserved capacity of the new gas pipeline,” company representatives noted, adding that in In 2024, the volume of deliveries will increase by more than one billion cubic meters, and the utilization rate of Baltic Pipe’s reserved PGNiG capacity will exceed 90%.

The Polish oil and gas concern emphasized that it has a diversified portfolio of gas sources for Baltic Pipe. It includes both the purchase and own production of PGNiG Upstream Norway, which will provide about 6.5 billion cubic meters in 2023 and about 7.7 billion in 2024, the company’s press service specified.

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According to PGNiG representatives, over the past four months the concern has signed contracts for a total volume of about four billion cubic meters of gas per year. Among them are contracts with the Equinor Group for the amount of 2.4 billion cubic meters of gas per year and a number of smaller contracts, including with TotalEnergies. These contracts, the company explained, have different durations, their implementation will begin, depending on the contract, in 2022, 2023 and 2024.