Grupa Azoty PUŁAWY to buy gas from Germany and the Netherlands

| Production & Resources |

Grupa Azoty PUŁAWY has signed two agreements concerning the supplies of high methane natural gas by PGNiG Sales & Trading GmbH and Vitol S.A. Grupa Azoty Police had decided to purchase gas from a German supplier at an earlier date. The contracts stipulate that the gas is to be delivered from October 1st, 2015 to September 30th, 2016. The estimated total value of the agreements is 164 million PLN.

The best price on the market

Singing contracts with PGNiG Sales & Trading GmbH and Vitol S.A. is going to bring tangible benefits and savings for our Works, as gas from Germany is sold at the best price available in Europe. Is is worth mentioning that Grupa Azoty Police, which belongs to Grupa Azoty, had also signed an agreement with PGNiG Sales & Trading concerning gas supply.

Progress of market liberalization

Marian Rybak, the Chairman of the Board of Grupa Azoty PUŁAWY, stressed the fact that “thanks to the increasing liberalization of natural gas market, we have been using all the available means which help us provide this strategic resource for our Company. We chose the new natural gas suppliers in a public tender”.