Tag gas
gas
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Another meeting of Polish and Lithuanian regulators
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Gas market in Q1 2023: increase of deliveries from the LNG terminal and the European Union, strong growth of the average gas price at TGE.
Compared to the same period last year, the volume of high-methane gas flowing through the Polish transmission system decreased by 14.8 per cent in the first quarter of 2023. In contrast, gas supplies via the LNG terminal increased by over 39 per cent and gas supplies from the European Union by as much as around 59 per cent.
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Gas market in Q4 2024: decrease in OTC and TGE contract prices, slight volume increase in OTC transactions and a decrease in exchange sales
In the last three months of 2024, average natural gas prices for sales transactions at the OTC virtual point were over 25 per cent lower than in the same period of 2023. In contrast, the average price of natural gas fuel in contracts concluded on TGE (the Polish Power Exchange) dropped by more than 24 per cent during this time.
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Gas market: notable slump in gas prices in Q1 2023
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Gas market: price of natural gas imported from EU countries hits a record in Q1 2022
In the first quarter of 2022, the average price of natural gas purchased in EU countries exceeded PLN 439.26/MWh and was more than five times higher than a year earlier.
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Gas market: The President of the Energy Regulatory Office (URE) has approved an incremental capacity project for the Poland-Ukraine interconnections
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Gas market: The President of URE approves the 2024 transmission tariffs for Gas Transmission Operator Gaz-System
The Regulator approved two sets of tariffs: one for transmission services in the operator’s own network, the other for the Polish section of the Yamal-Europe Transit Gas Pipeline System.
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GAZ-SYSTEM obtained approval from President of URE to trade within adjacent balancing zones
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Natural Gas Import Prices in Q4 2024 Slightly Lower Year-on-Year
In the fourth quarter of 2024, the average price of natural gas imported from EU and EFTA member states participating in the European Economic Area (EEA) agreement stood at PLN 198.34/MWh. This represents a 1.4% decrease compared to the same period in 2023, when the price was PLN 201.20/MWh.
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Natural gas market in 2025 Q2: Price slump on the TGE, slight increase in OTC prices, reduced volume of transactions at the OTC point with an increase in sales on the TGE
The average price of natural gas in contracts concluded on the Polish Power Exchange (TGE) from the beginning of March to the end of June this year fell by 19.5 percent year to year, while the average price of natural gas in sales transactions at the OTC virtual point increased by 3.7 percent in the same period.