24 April 2024
PGNiG to auction 70% of its gas in planned market liberalisation
Publication date: 15 February 2012
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Poland’s gas monopoly PGNiG said on Tuesday it will offer up to 9.4 Bcm of gas in five contract auctions for annual physical delivery during visual_editor013-visual_editor015, as part of a planned liberalisation of the country’s gas market. Under the conditions of the auction, the price would be set based on average costs incurred by the company in acquiring the gas, including imports and domestic extraction.