Distribution
Polska Spółka Gazownictwa (PSG)
Until June 30th 2013, natural gas distribution was the business of the six gas distribution companies. On July 1st 2013, as a part of the Distribution segment consolidation process, PGNiG SPV 4 Sp. z o.o. acquired all assets of the six gas distribution companies, which were transformed into regional branches. The name of the company was then changed to Polska Spółka Gazownictwa Sp. z o.o.
PSG was appointed the Distribution System Operator and Natural Gas Liquefaction System Operator until December 31st 2030. The President of the Energy Regulatory Office also granted the company a licence to distribute gas fuel and a licence to liquefy natural gas and regasify LNG at LNG regasification plants until December 31st 2030.
In 2013, PSG continued with 18 projects involving the construction, extension and modernisation of its distribution networks, for which, in previous years, the gas distribution companies had concluded agreements on EU co-financing under the Infrastructure and Environment Operational Programme, and also pursued projects financed directly with its own funds.
The total volume of gas transmitted by PSG in the distribution network in 2013 was 9.8 bn m³. The company provides services to approximately 6.8 m customers and in 2013 connected 70.6 ths new customers to the network.
In the coming years, Polska Spółka Gazownictwa Sp. z o.o. will focus on maintaining its market position and further increasing the volumes of transmitted gas by implementing the following measures:
- Expanding its gas infrastructure to enable the connection of new customers;
- Ensuring adequate transmission capacity and securing sources of gas supply for the gas distribution system;
- Upgrading high-, medium- and low-pressure networks;
- Deploying new LNG-based gas distribution systems;
- Improving the quality of customer service;
- Using EU funds to finance the extension of distribution systems.
Polska Spółka Gazownictwa (PSG) | 2013 | Unit of measure |
---|---|---|
Revenue | 4,250 | PLN m |
Net profit | 557 | PLN m |
Equity | 11,001 | PLN m |
Total assets | 14,402 | PLN m |
Length of network, excluding connections | 122,691.0 | km |
Workforce as at December 31 | 13,050 | persons |