Capital expenditures in 2016
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In 2016, the PGNiG Group’s capital expenditures incurred for property, plant and equipment and intangible assets totaled PLN 3.0bn, down by ca. 10% year on year. The tables below present the Company’s and the Group’s CAPEX by segment.
Capital expenditures on property, plant and equipment by PGNiG Group in 2016
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PLNm | 2016 | 2015 |
---|---|---|
Exploration* and Production, including: | 1,254 | 1,437 |
1. Norway | 343 | 395 |
2. Pakistan | 98 | 54 |
3. Libya | 6 | 10 |
II. Trade and Storage | 192 | 233 |
III. Distribution | 1,109 | 1,193 |
IV. Generation | 438 | 454 |
V. Other segments | 9 | 7 |
VI. Total capital expenditures (I-V) | 3,003 | 3,324 |
* capital expenditures include expenditures on geophysical surveys and drilling, as well as capitalised borrowing costs.
Key projects and capital expenditures in segments:
- Exploration and Production > Learn more
- Trade and Storage > Learn more
- Distribution > Learn more
- Generation > Learn more