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Polskie Gornictwo Naftowe i Gazownictwo (PGNiG)

Poland

 

 

 

 

Date: 2008 - December 2011

Deal: According to news agencies, in 2008, Polskie Gornictwo Naftowe i Gazownictwo (PGNiG) held preliminary talks "with Iran's Offshore Oil Company to cooperate on managing already-discovered gas reserves" in the Lavan gas field, for a contract worth $2 billion (Reuters, August 18, 2009 & Mehr News Agency, June 28, 2008). According to the firm's website, PGNiG signed a letter of intent in February 2008 (PGNiG Website, April 7, 2009).

In December 2011, Iran's PressTV reported that the National Iranian Oil Company (NIOC) dropped PGNiG from the Lavan project as a result of repeated delays on the field's development. The Polish company was reportedly replaced by a consortium of Iranian firms (PressTV, December 19, 2011).

 

U.S. Business Ties: According to USASpending.gov, PGNiG has not received any contracts from the U.S. government (USASpending.gov, accessed August 6, 2014).

Last Updated: August 6, 2014