Investment projects and development

Projects executed by GAZ-SYSTEM are financed from funds generated by the Company as well as those obtained from domestic and European sources in the form of co-financing, connection fees paid by entities connected to the system and debt financing from both domestic banks and the EIB (European Investment Bank). GAZ-SYSTEM is one of the most prominent beneficiaries of the Operational Programme Infrastructure and Environment (OPI&E) nationwide. The second source of funding is the Connecting Europe Facility (CEF) program providing financing instruments for international projects. In 2023, the European Union granted GAZ-SYSTEM over PLN 960 million in EU funds.

In total, between 2016 and 2023, the Company expanded its network infrastructure by more than 2,900 km of gas pipelines and 5 gas compressor stations. Gas pipelines with a total length of 1,010 km and one compressor station are now under construction or in preparation.

GAZ-SYSTEM, aware of the impact of the works in progress on the surroundings, prioritises sustainable project management. The implemented solutions focus on risk monitoring, which contributes to limiting the emergence of undesirable events. The key tool used for this purpose is the EPM (Enterprise Project Management) system, used for effective management of risks during the implementation of strategic investment projects. In order to analyse in detail the rationale behind investment projects and to control the spending of financial resources, in 2023 the Company established the Initiatives and Investment Evaluation Committee.

Investor and designer supervision is provided during construction, guaranteeing continuous collaboration with the stakeholders and adapting to actual conditions and constraints. Infrastructure elements are subjected to rigorous testing in accordance with standards and legislation. Pressure tests, technical inspections and acceptance procedures are performed with the participation of certification bodies including the Office of Technical Inspection (UDT). The State Sanitary Inspection and the State Fire Brigade are always involved in the technical and final acceptance of the investment projects. Operating permits are issued by the competent province governor, after prior inspection by the Provincial Inspectorate of Construction Supervision.

The implementation of project management methodology and the SWP tool (Project Performance Measurement System) make it possible for the organisation to maintain standards and to give structure to the processes. The methodology enforces control over risks, critical issues and changes utilising the professional experience of the project teams. Review of internal procedures and regulations, adaptation to legislation and implementation of standards is a continual process that allows optimisation of investment processes.