Polish PGNiG, left without Russian supplies, took a loan of €1 billion to buy gas

On the eve of the heating season, the Polish state-owned oil and gas company PGNiG took out a €1 billion loan to purchase natural gas in the absence of supplies from Russia.

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The material says that PGNiG, left without supplies from Russia, the company entered into an agreement with the National Economy Bank (BGK).

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It is clarified that the PGNiG board monitors the situation in the international gas markets and takes “further steps to increase available sources of financing.”

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Earlier, the former head of PGNiG, Petr Wozniak, said that the decision of the European Court to partially recognize the claim of the Nord Stream 2 operator regarding the EU gas directive could spell disaster for Ukraine.

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Since the end of April, PGNiG has not received Russian gas – then Gazprom stopped gas supplies to Poland, as the latter refused to pay for supplies in Russian rubles. The Polish authorities refused to switch to a new payment scheme for gas supplies.