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16 January 2019

PGNiG Supply & Trading GmbH to start activities on Polish natural gas market in 2019

16 January 2019

Press release issued by the Polish Commodity Exchange, Towarowa Giełda Energii SA, on 03rd of September 2018:

“PGNiG Supply & Trading GmbH (PST) obtained Exchange Membership with respect to the Commodity Market

‘The energy sector is undergoing constant changes not only in its market structure but also in the regulations in force. TGE continuously takes measures in order to accommodate market expectations as well as requirements resulting from the regulatory regime, both on the national and European level. We want the Exchange Membership to continue to grow, thus contributing to the concentration of supply and demand on the market. We find the growing number of new members a proof of our unwavering leadership position, as we continue to be the first choice exchange, the guarantor of safe trading and the environment where transparent prices of exchange commodities are shaped’ - said Piotr Listwoń, TGE’s Vice President of the Management Board for Operations.

PGNiG Supply & Trading GmbH (PST) is a dynamically growing company controlled by the PGNiG Group. PST actively participates in gas and electricity markets in Western Europe, both retail and wholesale. The company is based in Munich. In 2017, PST opened its branch in London, which is the Group’s main trading centre for short- and medium-term LNG contracts.

At the moment, TGE has 76 members.“

(TGE, September 2018, full article: https://www.tge.pl/en/27/news/831/pgnig-supply-trading-gmbh-becomes-a-new-member-of-towarowa-gielda-energii-tge)