diff --git a/python/migrate.py b/python/migrate.py
index 055c067af..3e112dac4 100644
--- a/python/migrate.py
+++ b/python/migrate.py
@@ -1,8 +1,10 @@
+from decimal import Decimal
 import json
 import mgp
 import mysql.connector as mysql_connector
 import oracledb
 import pyodbc
+import psycopg2
 import threading
 
 from typing import Any, Dict
@@ -84,8 +86,8 @@ def mysql(
 def cleanup_migrate_mysql():
     global mysql_dict
     mysql_dict[threading.get_native_id][Constants.CURSOR] = None
-    mysql_dict[threading.get_native_id][Constants.CONNECTION].close()
     mysql_dict[threading.get_native_id][Constants.CONNECTION].commit()
+    mysql_dict[threading.get_native_id][Constants.CONNECTION].close()
     mysql_dict[threading.get_native_id][Constants.CONNECTION] = None
     mysql_dict[threading.get_native_id][Constants.COLUMN_NAMES] = None
 
@@ -163,8 +165,8 @@ def sql_server(
 def cleanup_migrate_sql_server():
     global sql_server_dict
     sql_server_dict[threading.get_native_id][Constants.CURSOR] = None
-    sql_server_dict[threading.get_native_id][Constants.CONNECTION].close()
     sql_server_dict[threading.get_native_id][Constants.CONNECTION].commit()
+    sql_server_dict[threading.get_native_id][Constants.CONNECTION].close()
     sql_server_dict[threading.get_native_id][Constants.CONNECTION] = None
     sql_server_dict[threading.get_native_id][Constants.COLUMN_NAMES] = None
 
@@ -261,6 +263,85 @@ def cleanup_migrate_oracle_db():
 mgp.add_batch_read_proc(oracle_db, init_migrate_oracle_db, cleanup_migrate_oracle_db)
 
 
+# PostgreSQL dictionary to store connections and cursors by thread
+postgres_dict = {}
+
+
+def init_migrate_postgresql(
+    table_or_sql: str,
+    config: mgp.Map,
+    config_path: str = "",
+    params: mgp.Nullable[mgp.Any] = None,
+):
+    global postgres_dict
+
+    if params:
+        _check_params_type(params, (list, tuple))
+    else:
+        params = []
+
+    if len(config_path) > 0:
+        config = _combine_config(config=config, config_path=config_path)
+
+    if _query_is_table(table_or_sql):
+        table_or_sql = f"SELECT * FROM {table_or_sql};"
+
+    if threading.get_native_id not in postgres_dict:
+        postgres_dict[threading.get_native_id] = {}
+
+    if Constants.CURSOR not in postgres_dict[threading.get_native_id]:
+        postgres_dict[threading.get_native_id][Constants.CURSOR] = None
+
+    if postgres_dict[threading.get_native_id][Constants.CURSOR] is None:
+        connection = psycopg2.connect(**config)
+        cursor = connection.cursor()
+        cursor.execute(table_or_sql, params)
+
+        postgres_dict[threading.get_native_id][Constants.CONNECTION] = connection
+        postgres_dict[threading.get_native_id][Constants.CURSOR] = cursor
+        postgres_dict[threading.get_native_id][Constants.COLUMN_NAMES] = [
+            column.name for column in cursor.description
+        ]
+
+
+def postgresql(
+    table_or_sql: str,
+    config: mgp.Map,
+    config_path: str = "",
+    params: mgp.Nullable[mgp.Any] = None,
+) -> mgp.Record(row=mgp.Map):
+    """
+    With migrate.postgresql you can access PostgreSQL and execute queries. The result table is converted into a stream,
+    and returned rows can be used to create or create graph structures. Config must be at least empty map.
+    If config_path is passed, every key,value pair from JSON file will overwrite any values in config file.
+
+    :param table_or_sql: Table name or an SQL query
+    :param config: Connection configuration parameters (as in psycopg2.connect),
+    :param config_path: Path to the JSON file containing configuration parameters (as in psycopg2.connect)
+    :param params: Optionally, queries may be parameterized. In that case, `params` provides parameter values
+    :return: The result table as a stream of rows
+    """
+    global postgres_dict
+    cursor = postgres_dict[threading.get_native_id][Constants.CURSOR]
+    column_names = postgres_dict[threading.get_native_id][Constants.COLUMN_NAMES]
+
+    rows = cursor.fetchmany(Constants.BATCH_SIZE)
+
+    return [mgp.Record(row=_name_row_cells(row, column_names)) for row in rows]
+
+
+def cleanup_migrate_postgresql():
+    global postgres_dict
+    postgres_dict[threading.get_native_id][Constants.CURSOR] = None
+    postgres_dict[threading.get_native_id][Constants.CONNECTION].commit()
+    postgres_dict[threading.get_native_id][Constants.CONNECTION].close()
+    postgres_dict[threading.get_native_id][Constants.CONNECTION] = None
+    postgres_dict[threading.get_native_id][Constants.COLUMN_NAMES] = None
+
+
+mgp.add_batch_read_proc(postgresql, init_migrate_postgresql, cleanup_migrate_postgresql)
+
+
 def _query_is_table(table_or_sql: str) -> bool:
     return len(table_or_sql.split()) == 1
 
@@ -283,7 +364,10 @@ def _combine_config(config: mgp.Map, config_path: str) -> Dict[str, Any]:
 
 
 def _name_row_cells(row_cells, column_names) -> Dict[str, Any]:
-    return dict(map(lambda column, value: (column, value), column_names, row_cells))
+    return {
+        column: (value if not isinstance(value, Decimal) else float(value))
+        for column, value in zip(column_names, row_cells)
+    }
 
 
 def _check_params_type(params: Any, types=(dict, list, tuple)) -> None:
diff --git a/python/requirements.txt b/python/requirements.txt
index 45cc459da..c64bae23c 100644
--- a/python/requirements.txt
+++ b/python/requirements.txt
@@ -12,5 +12,6 @@ gqlalchemy==1.4.1
 mysql-connector-python==8.0.32
 oracledb==1.2.2
 pyodbc==4.0.35
+psycopg2-binary==2.9.9
 defusedxml==0.7.1
 scipy==1.12.0
diff --git a/python/requirements_no_ml.txt b/python/requirements_no_ml.txt
index 607ba4b2b..67a1686f6 100644
--- a/python/requirements_no_ml.txt
+++ b/python/requirements_no_ml.txt
@@ -10,5 +10,6 @@ gqlalchemy==1.4.1
 mysql-connector-python==8.0.32
 oracledb==1.2.2
 pyodbc==4.0.35
+psycopg2-binary==2.9.9
 defusedxml==0.7.1
 scipy==1.12.0