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08 Mar
16:16

Higher industrial gas sales boost PGNiG 2016 profit

Poland’s energy company PGNiG posted a 10% on-year increase in its 2016 net profit to PLN 2.35 billion ($577 million), boosted by higher natural gas sales to industrial customers and households, Kallanish Steel’s sister publication Kallanish Energy reports. Last year’s gas sales by the company’s Trade and Storage segment reached 24.3 billion cubic meters, which is nearly 1.3 Bcm more than gas sold in 2015. The 5.7% increase…
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