PGNiG Upstream Norway will acquire 22.2 percent of shares in King Lear field – PL146 and PL333 licenses – from Total E&P Norge. The volume of production in the part attributable to PGNiG may reach 0.25 bcm of natural gas annually. The production start is planned for 2025.
Tag: PGNiG SA
The first well is expected to start production in June 2020. By the end of the year the next three wells will commence production. The Ærfugl project will be developed using innovative technical solutions.
The Management Board of PGNiG SA welcomed the approval of the US Federal Energy Regulatory Commission (FERC) for the construction of the Port Arthur liquefaction terminal in Jefferson County, Texas, on the Gulf of Mexico, which is due to start operating in 2023.