PGNiG Upstream International secures $400 million financing

Region:

Europe

Jonathan Bell

Editor-in-chief

PGNiG Upstream International (PUI), a subsidiary of Polish oil and gas group PGNiG, has signed a $400 million credit facility agreement with eight international banks. The main use of proceeds from the facility will be the early repayment of some of PUI’s outstanding debt, including the entire debt contracted to finance the acquisition of assets from Total E&P Norge in 2014.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

What to watch out for in defence financings

Expert opinion

17 April 2026

What to watch out for in defence financings

Defence has emerged as a priority sector in the export and development finance communities, though the legal and compliance considerations should not be ignored. By Mark...

Dangote scales up amid energy market turmoil

Perspective

20 April 2026

Dangote scales up amid energy market turmoil

Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further...

Must See

Video

07 April 2026

Crisis in the Gulf: Sullivan & Worcester on trade under pressure

TXF speaks to Sullivan & Worcester partner Robert Parson about trade disputes, credit escalation and the flight to size as the crisis in the Gulf continues.

Expert opinion

17 April 2026

What to watch out for in defence financings

Defence has emerged as a priority sector in the export and development finance communities, though the legal and compliance considerations should not be ignored. By Mark Hunting, partner, Robert Wagman, partner, and Mark Kahn, senior associate, Bracewell.

Perspective

20 April 2026

Dangote scales up amid energy market turmoil

Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further underlined the fragility of international supply chains, but are West African producers set to take advantage?