The Orlen Group’s annual natural gas production in Poland and abroad increased by 7.7 billion cubic metres (bcm) in 2022 – equivalent to around half of Poland’s gas demand, the company announced on Tuesday (11 April).
“Exploitation of our own gas deposits is a guarantee of uninterrupted supplies of this raw material for our customers, an opportunity to strengthen the international position of the ORLEN Group, as well as financial benefits for hundreds of Polish municipalities. Therefore, further development of the Group’s mining operations is one of the pillars of the updated ORLEN2030 strategy. We have an ambitious but completely realistic plan to dynamically increase the volume of our own natural gas production, which by 2030 will reach the level of 12 billion cubic meters. annually,” said Daniel Obajtek, President of the Management Board of PKN Orlen.
“In the case of foreign operations, our priority is the Norwegian Continental Shelf, where for the last two years we have doubled production every year. We are also constantly investing in the exploration and production of gas in Poland, where we discover additional resources of this raw material, allowing us to maintain domestic gas production at a stable and high level,” he added.
The PGNiG companies, which joined the ORLEN Group in November 2022, made the biggest contribution to this figure. Their total production last year amounted to 6.87 bcm, an increase of around 30 per cent compared to 2021 (5.25 billion cubic meters).
According to the Polish Ministry of Climate and Environment, the consumption of natural gas in Poland in 2022 was 16.62 bcm.
The bulk of the production increase came from the Norwegian Continental Shelf by Orlen’s PGNiG Upstream Norway. It amounted to 3.15 bcm, an increase of more than 100 per cent compared to 2021 (1.42 bcm).
At present, the Group holds 98 concessions on the Norwegian Continental Shelf with 17 deposits. Within the next three years, a further increase in gas production in Norway is forecast by approximately three billion cubic meters per year, the company said.
Baltic Pipe, connecting Poland with Norway, is expected to transmit around 6.5 bcm of natural gas this year, of which nearly half may come from the company’s own production. Gas volumes via the pipeline are expected to further increase in the coming years, the company noted.