Polish-based PGNIG postpones start of gas exploration in Ukraine to 2021

15:34, 12.10.2020 1 min read

Polish-based PGNiG has postponed the start of gas exploration in Ukraine from the previously announced third quarter of 2020 to the first half of 2021, head of the company Jerzy Kwieciński has said.

"PGNiG also intends to more actively participate in projects related to production of hydrocarbons in Ukraine. The company plans to start exploration for natural gas in this country in the first half of 2021," the company said in a press release.

As reported, in February 2020 Vice President of the Board of Directors of PGNiG Robert Perkowski said that PGNiG intends to start developing hydrocarbons in Lviv region in the third quarter of 2020.

Earlier, in early December 2019, the Polish company PGNiG SA and the Ukrainian group of companies ERU signed an agreement on the exploration and production of natural gas in Lviv region.

PGNiG is the largest oil and gas company in Poland, engaged in the development of gas and oil fields, production, storage and transportation of energy resources, as well as construction and development of oil and gas transport networks, export and import of gas.