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LMG, Poland's largest oil and gas extraction facility, starts production
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LMG, Poland's largest oil and gas extraction facility, starts production
03-04-2013
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Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) made final acceptance of the Lubiatów-Międzychód-Grotów facility (LMG), one of the largest and most advanced projects completed by the Company in recent years. The project will increase Poland's conventional oil and gas production.
The fields were developed to produce oil and gas from 14 wells. The project, with a value of PLN 1.7bn (VAT inclusive), was delivered by a consortium comprising PBG SA, Tecnimont KT S.p.a., and Thermodesign engineering Ltd.
ORLEN Projekt S.A. was a subcontractor of PBG SA.
Development of the LMG fields is an important step towards expanding PGNiG SA's oil and gas production and enhancing national energy security. The LMG fields are among the largest in Poland. Their recoverable reserves amount to around 7.25 million tonnes of crude oil and approximately 7.3 billion cubic metres of natural gas.
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