Today: Monday, 26 September 2022 year

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

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.

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


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.


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.


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.