Operations and the value chain
The overarching strategic objective pursued by PGNiG is securing growth of shareholder value. In its pursuit of this strategy, in June 2011 the Company adopted 18 strategic objectives under the Update of Strategy for the PGNiG Group until 2015, to be pursued within six areas. The strategy will be implemented in consideration of the need to ensure the long-term security of uninterrupted supplies of natural gas to the Polish market.
PGNiG is a company with a long-lasting tradition, enjoying its established position of leader on the Polish gas market. Over the years of its development, the Company has gathered valuable assets and now controls a number of segments of the energy market (natural gas production, storage, sale and distribution), which provide a robust foundation for PGNiG’s further growth and steady value increase.
The overarching strategic objective pursued by PGNiG is securing growth of shareholder value. In its pursuit of thise strategy, in June 2011 the Company adopted 18 strategic objectives under the Update of Strategy for the PGNiG Group until 2015, to be pursued within six areas:
- Exploration and production,
- Wholesale/trading,
- Storage,
- Distribution,
- Sales,
- New business areas.
The following main strategic objectives make up the PGNiG Group’s vision: to become, by 2015, a modern and efficiently managed organisation, with a presence across most of the value chain in the gas sector and holding assets in the fuel and power sectors. Attainment of these strategic objectives will particularly rely on activities in three areas, including:
- Hydrocarbon exploration and production domestically and abroad, to ensure access to new oil and gas reserves;
- The power sector, focusing on the development of gas-fired power generation in Poland;
- Management of the Company's natural gas portfolio and activities on the European gas trading market.
