Polish PGNiG halves natural gas supply to Ukraine in H1 2022

MOSCOW. Aug 18 (Interfax) - The Polish state oil and gas company PGNiG, supplied about 100 million cubic meters of natural gas to Ukraine in January-June 2022, which is 2.2 times less than in the respective period of last year (225 million cubic meters).

The natural gas supply to Ukraine continued in the second quarter of 2022 despite the crisis, the Ukrainian media said, quoting the corporate report for the first half of this year published on the PGNiG website.

The company said that its trading subsidiary, PST, would expand operations in Central and Eastern Europe in order to diversify gas supply to Poland and to optimize the regional book of orders.

PST prioritizes the broadening of business operations on markets that will acquire a strategic significance to the Polish market thanks to the forming gas infrastructure either directly (Slovakia, Ukraine and Lithuania) or indirectly (Italy, Hungary, Latvia and Estonia), the report said.

"The expansion of capacities and the stronger presence in the region will allow the company to obtain an additional gas market in the northern direction and optimize its gas portfolio, using, among other things, storage systems in Poland, Ukraine and Latvia," it said.