The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Wojciech Zajaczkowski, Ambassador Extraordinary and Plenipotentiary of the Republic of Poland to the Russian Federation.

The parties discussed the Russian-Polish cooperation in the energy sector considering current interaction between Gazprom and PGNiG as well as terms, conditions and volumes of natural gas supply to Poland.

In addition, the meeting participants looked at the prospects for partnership in such sectors as underground gas storage, gas-fired power generation, hydrocarbons exploration and production in Russia, Poland and third countries.

Background

Poland annually consumes some 13.7 billion cubic meters of gas with around 30 per cent produced domestically.

According to preliminary data in 2010 Gazprom supplied Poland with 9.9 billion cubic meters of Russian gas.

The contracts for Russian gas supply to Poland and for gas transit across Poland are effective until 2022 and 2019 respectively.

In October 2010 Gazprom and PGNiG signed a number of inter-corporate agreements related to increasing Russian natural gas supplies to Poland starting from 2010. In particular, an Addendum to the Russian gas supply contract was signed providing for an opportunity to increase gas exports to Poland to 11 billion cubic meters a year in line with the Polish market demand.

PGNiG is Poland’s largest petroleum company dealing with gas and oil fields development, energy carriers production, storage and transportation, oil and gas transmission network construction and expansion as well as with gas export and import.