Gas, coal and ecology

| Production & Resources |

Which energy source is the most suitable for our economy and industry? Providing an answer to the question is far from easy, especially that the situation on the market is changing quickly and we are expecting changes resulting from the European Union climate and energy package.

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Shale gas – the need for a coordinated policy

| Production & Resources |

The UK is stepping up the pace of the search of new shale gas deposits. The state authorities are becoming more and more actively involved in the support of the shale investments. The British example may soon show whether subsidizing the commercial excavation of shale gas is profitable, and whether state aid helps to achieve independence from energy resources imported from overseas.

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Continuing the cooperation with LW Bogdanka

| About Us |

On December 17th, 2014 Grupa Azoty PUŁAWY signed an annex to the long-term agreement concerning the purchasing of coal from Lubelski Węgiel “Bogdanka” S.A. mining company. The annex includes details concerning the price and volume of coal shipments in 2015. Following the signing of the annex, the value of the agreement is 910 million PLN net, or smaller by 13.5% than hitherto.

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Strategic investment

| Production & Resources |

Grupa Azoty PUŁAWY has focused on developing production, increasing the range of products in its portfolio, improving the quality of products, and on environmental protection. We are currently directing our efforts to making the industrial processes in Our Works more flexible.

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More expensive fertilizers within a decade

| Products |

The lack of common EU policy on energy results in Russia treating particular countries in various manner during trade negotiations concerning the pricing of natural gas. Consequently, the cost of manufacturing nitrogen-based fertilizers is rising at a different pace in various countries.

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Gas from Spain?

| Foreign Markets |

Until recently, Spain has not been associated with the trade of energy resources. However, the country is now likely to become one of the countries which matter in this sector of the global economy.

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Future in shale gas

| Production & Resources |

Voting in of the shale gas bill by the Polish government was the first breakthrough on the path to the excavation of the resource. Another major step is the launch of Liquefied Natural Gas Terminal in Świnoujście, which is scheduled in early 2015. The port will open up new opportunities of sourcing natural gas, which will have positive impact on the key sectors of the Polish economy.

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