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17.10.2013 PGNiG SA plans to increase production of crude oil in 2014
Polskie Górnictwo Naftowe i Gazownictwo SA has plans to increase production of crude oil in 2014 to 1.19 million tonnes. According to the updated forecast for 2013, production is expected to more than double relative to 2012 - with up to 1.09 million tonnes (about 8 million barrels) extracted in 2013, compared with 492 thousand tonnes (about 3.6 million barrels) in 2012. Such growth will be attributable mainly to foreign production, which in 2013 will reach 310 thousand tonnes (about 2.3 million barrels), as well as to the Lubiatów production facility coming on stream.
Domestic production of crude will rise to 780 thousand tonnes (about 5.7 million barrels) in 2013, from 492 thousand tonnes in 2012.
In 2014, PGNiG expects to extract 4.63 billion cubic metres of natural gas.
In 2013, production of natural gas will go up to 4.62 billion cubic metres, from 4.32 billion cubic metres in 2012, with the increment coming mainly from foreign fields. The volume of gas produced in 2013 from the Norwegian Continental Shelf will reach 0.3 billion cubic metres.
Press Team
PGNiG SA