48
PGNiG
Key Events:
••
June 1
st
2010 saw the coming into force of new
tariffs for the distribution services provided by
the Gas Distribution Companies, higher by 3.1%
for high-methane gas, and by 3.8% for nitrogen-
rich gas.
••
in 2010, the distribution network was extended
by approximately 1.5 thousand kilometres.
The segment’s core business consists in the
transmission of high-methane and nitrogen-rich
gas, as well as small amounts of propane-butane
and coke-oven gas, via the distribution network.
Natural gas distribution is the business of six
Gas Distribution Companies, which supply gas to
households, as well as to industrial and wholesale
customers. Additionally, they are responsible for
the operation, maintenance and extension of the
distribution pipelines, as well as for connecting
new customers to their grids.
the reversal of a portion of impairment losses on
the distribution companies’ assets, amounting to
PLN 659m (compared with PLN 494m in 2009).
Moreover, lower temperatures in the winter season
contributed to a 600 million cubic meters rise in
the volumes of distributed gas, which – coupled
with higher distribution charges and network
rates – resulted in a substantial growth of revenue
from the services provided by the Gas Distribution
Companies.
Distribution
T h r o u g h s i x r e g i o n a l g a s d i s t r i b u t i o n c omp a n i e s ,
n a t u r a l g a s i s s u p p l i e d t o h o u s e h o l d s a s we l l a s t o
SME s e c t o r c u s t ome r s . I n 2 0 1 0 , 9 . 2 8 b i l l i o n c u b i c
me t e r s o f n a t u r a l g a s we r e d i s t r i b u t e d t h r o u g h t h e
g a s d i s t r i b u t i o n n e t wo r k . T h a n k s t o t h e p r o f e s s i o n a l
s k i l l s a n d e x p e r t i s e o f n e a r l y 1 4 t h o u s a n d s t a f f ,
e v e r y d a y o u r c u s t ome r s c a n f e e l i n t h e i r h ome s t h e
wa r m t h a n d c om f o r t o f f e r e d b y n a t u r a l g a s .
Financial Performance in 2010
The Distribution Segment generates revenue from
transmission of natural gas via the distribution
network. Gas distribution tariffs are determined by
the Energy Regulatory Offce. Revenue of the six
Gas Distribution Companies is subject to seasonal
fuctuations throughout the year. The largest
gas volumes are transmitted via the distribution
network in winter (Q1 and Q4 of each year). The
Distribution Segment closed 2010 with an operat‑
ing proft of PLN 1.491bn, up by PLN 405m on
2009. This improvement was mainly the result of
Pomeranian GC
9.6 ths. km of network
Mazovian GC
18.9 ths. km of network
Upper Silesian GC
20.9 ths. km of network
Lover Silesian GC
7.7 ths. km of network
Carpatian GC
44.8 ths. km of network
Greater Poland GC
15.5 ths. km of network
GC – Gas Company
Mission
Key Figures
Key Events
Letter from the
President of the
Management
Board
Management
Board
Letter from the
Chairman of the
Supervisory Board Supervisory Board
PGNiG on the Stock
Exchange
Strategy for the
PGNiG Group
until 2015
Exploration
and Production