Polish PGNiG will supply gas to the GTS Operator of Ukraine

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Polish PGNiG will supply gas to the GTS Operator of Ukraine

29.09.2020 News

The group of the companies Energy Resources of Ukraine together with its Polish partner the state oil and gas company PGNiG won the tender for gas supply for the GTS Operator of Ukraine.

This is stated in the message of the company “ERU Trading”.

“ERU Trading was able to offer the most competitive prices thanks to the support of PGNIG, and we have increased the political risk insurance from the American corporation DFC to 100 million US dollars, which allows our company to finance the supply of significant amounts and take the appropriate credit risks, ” – said the managing partner of ERU Group Yaroslav Mudryy.

Under the terms of the contract, gas will be supplied from October 1, 2020 to May 1, 2021. It will be the first supply of the natural gas from PGNiG for the technical needs of the GTS Operator of Ukraine.

According to Jerzy Kwiecinski, Chairman of the Board of PGNiG, Polish company has been consistently developing its activities in Ukraine, as evidence by the increasing of the gas supplies by the Polish company to the Ukrainian market.

“This is evidenced the rapid growth of our exports to this market, where we have already supplied more than 3 billion cubic meters of the natural gas. These indicators are largely the result of a very good cooperation with our business partner – ERU Group, bringing visible benefits to both companies, “- he stressed.

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