Poland's PGNiG expects new spot LNG delivery in early July

(Reuters) — Poland's state-run energy firm PGNiG expects to receive a spot LNG delivery at the Polish sea terminal in the city of Swinoujscie at the beginning of July, PGNiG's Deputy Chief Executive Maciej Wozniak tells reporters.

Poland Lng Reuters Small
Photo Courtesy of Reuters.

"The contract has been clinched," he says, adding the company will provide details about the deal soon.

PGNiG Chief Executive Piotr Wozniak says management board will publish its recommendation on the dividend to be paid out in 2017 before the end of May.

CEO Wozniak also says "we are sticking to the wording of our strategy that says that we pay out (in dividend) up to 50% of the consolidated net profit of the group (from the previous year)."

Reporting by Agnieszka Barteczko; Writing by Marcin Goettig

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}