PGNiG Group in numbers

The PGNiG Group holds the leading position in most segments of the Polish gas sector, i.e. in oil and gas exploration and production, gas fuel storage, natural gas trading and natural gas distribution.

Segments’ contribution to revenue and EBITDA, 2014

The Group’s oil and gas upstream operations, carried out primarily in Poland and on the Norwegian Continental Shelf, provide it with a competitive advantage on the liberalised gas market.

The Group’s trade and storage operations focus on selling natural gas imported from other countries or produced from domestic fields, and on providing gas supplies at times of peak demand.

The distribution operations involve the supply of gas to customers via the distribution network, as well as extending and upgrading the gas network.

In 2012, the PGNiG Group expanded its operations to include electricity and heat generation and sale.

Segments’ contribution to EBITDA, 2013−2014

2014
2013

EBITDA by business segments, 2009−2014, PLNm

Segments’ contribution to revenue and EBITDA, 2014

Group structure

As at the end of 2014, the PGNiG Group comprised PGNiG (the parent) and 30 production, trade or service companies, including 21 direct subsidiaries and 9 indirect subsidiaries of PGNiG.

Consolidated PGNiG Group companies
Parent Abbreviated name used in the 2014 Annual Report
Polskie Górnictwo Naftowe i Gazownictwo SA PGNiG    
Segment Subsidiaries   Share capital (‘000) PGNiG’s ownership interest
Exploration and Production Exalo Drilling SA Exalo Drilling PLN 981,500 100%
Oil Tech International F.Z.E.   USD 20 100%
Poltava Services LLC   EUR 20 99%
GEOFIZYKA Kraków SA GEOFIZYKA Kraków PLN 64,400 100%
GEOFIZYKA Toruń SA GEOFIZYKA Toruń PLN 66,000 100%
PGNiG Upstream International AS PGNiG UI NOK 1,092,000 100%
Polish Oil and Gas Company Libya B.V. POGC Libya EUR 20 100%
Trade and Storage PGNiG Obrót Detaliczny Sp. z o.o. PGNiG OD PLN 1,091,000 100%
PGNiG Sales & Trading GmbH PST EUR 10,000 100%
XOOL GmbH (EUR)   EUR 500 100%
Operator Systemu Magazynowania Sp. z o.o. OSM PLN 15,290 100%
PGNiG Finance AB PGNiG Finance SEK 500 100%
Distribution Polska Spółka Gazownictwa Sp. z o.o. PSG PLN 10,454,207 100%
Powiśle Park Sp. z o.o.   PLN 81,131 100%
GAZ Sp. z o.o.   PLN 300 80%
Generation PGNiG TERMIKA SA PGNiG TERMIKA PLN 670,325 100%
Other Activities Geovita SA Geovita PLN 86,139 100%
PGNiG Technologie SA PGNiG Technologie PLN 182,127 100%
PGNiG Serwis Sp. z o.o. PGNiG Serwis PLN 9,995 100%
B.S. i P.G. Gazoprojekt SA* Gazoprojekt PLN 4,000 75%

* PGNiG has the right to appoint the majority of the company’s Supervisory Board members. PGNiG’s direct interest in the share capital of B.S. i P.G. Gazoprojekt SA is 22.50%. In addition, PGNiG holds a 52.50% indirect interest in the company through PGNiG Technologie SA.

 
Non-consolidated companies
Subsidiaries Share capital (‘000) PGNiG’s ownership interest
BUD-GAZ PPUH Sp. z o.o. in liquidation PLN 52 100%
Polskie Elektrownie Gazowe Sp. z o.o. in liquidation PLN 1 212 100%
PGNiG SPV 5 Sp. z o.o. PLN 250 100%
PGNiG SPV 6 Sp. z o.o. PLN 250 100%
PGNiG SPV 7 Sp. z o.o. PLN 250 100%
NYSAGAZ Sp. z o.o. PLN 9,881 66.28%
Zakład Gospodarki Mieszkaniowej Sp. z o.o. PLN 1,806 100%
Ośrodek Badawczo-Rozwojowy Górnictwa Surowców Chemicznych CHEMKOP Sp. z o.o. PLN 3,000 85.51%
Zakład Separacji Popiołów Siekierki Sp. z o.o. PLN 1,000 70%
Gas Assets Management Sp. z o.o. in formation PLN 20 100%