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DIRECTORS' REPORT ON PGNiG SA'S OPERATIONS ... - Notowania

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Directors’ Report on <strong>PGNiG</strong> S.A.’s Operations in 2008<br />

Business profiles of <strong>PGNiG</strong> S.A. organisational units – continued<br />

Lower Silesian Gas<br />

Trading Division in<br />

Wrocław<br />

Branch Core activity<br />

Upper Silesian Gas<br />

Trading Division in Zabrze<br />

Carpathian Gas Trading<br />

Division in Tarnów<br />

Mazovian Gas Trading<br />

Division in Warsaw<br />

Pomeranian Gas Trading<br />

Division in Gdańsk<br />

Greater Poland Gas<br />

Trading Division in<br />

Poznań<br />

Storage System Operator<br />

in Warsaw<br />

Branch in Algeria<br />

Supply of gaseous fuel to customers and comprehensive support of<br />

sales of natural gas, crude oil and other products and services offered by<br />

<strong>PGNiG</strong> SA.<br />

Supply of gaseous fuel to customers and comprehensive support of<br />

sales of natural gas, crude oil and other products and services offered by<br />

<strong>PGNiG</strong> SA.<br />

Supply of gaseous fuel to customers and comprehensive support of<br />

sales of natural gas, crude oil and other products and services offered by<br />

<strong>PGNiG</strong> SA.<br />

Supply of gaseous fuel to customers and comprehensive support of<br />

sales of natural gas, crude oil and other products and services offered by<br />

<strong>PGNiG</strong> SA.<br />

Supply of gaseous fuel to customers and comprehensive support of<br />

sales of natural gas, crude oil and other products and services offered by<br />

<strong>PGNiG</strong> SA.<br />

Supply of gaseous fuel to customers and comprehensive support of<br />

sales of natural gas, crude oil and other products and services offered by<br />

<strong>PGNiG</strong> SA.<br />

Storage of gaseous fuel<br />

Exploration of and production from hydrocarbon deposits in the licence<br />

areas in Algieria<br />

As at December 31st 2008, <strong>PGNiG</strong> S.A. had foreign representative offices in Moscow (Russia),<br />

Brussels (Belgium), Kiev (Ukraine), Vysokoye (Belarus) and Sanaa (Yemen).<br />

The following branches and representative offices were established in 2008:<br />

• Representative office in Yemen – on January 22nd 2008,<br />

• Branch in Denmark – on January 29th 2008,<br />

• Lower Silesian Gas Trading Division in Wrocław – on August 1st 2008,<br />

• Upper Silesian Gas Trading Division in Zabrze – on August 1st 2008,<br />

• Carpathian Gas Trading Division in Tarnów – on August 1st 2008,<br />

• Mazovian Gas Trading Division in Warsaw – on August 1st 2008,<br />

• Pomeranian Gas Trading Division in Gdańsk – on August 1st 2008,<br />

• Greater Poland Gas Trading Division in Poznań – on August 1st 2008,<br />

• Storage System Operator in Warsaw – on October 9th 2008,<br />

• Branch in Algeria – on December 2nd 2008.<br />

The Branch in Libya was established on December 5th 2007 to obtain the right to conduct exploratory<br />

work on the licence block no. 113 in Libya. The branch was closed down on June 25th 2008, after<br />

POGC – Libya B.V. signed the licence agreement.<br />

Pursuant to the decision of the Management Board of <strong>PGNiG</strong> S.A. of July 29th 2008, the Trading<br />

Division in Warsaw was closed on November 1st 2008.<br />

In 2008, there were no changes in the Company’s or the Group’s key management policies.<br />

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