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RPT-PKN, PGNiG may jointly buy an oil company-paper

RPT-PKN, PGNiG may jointly buy an oil company-paper

Write: Delilah [2011-05-20]
WARSAW, Feb 19 - Poland's largest oil refiner, PKN (PKNA.WA), and the country's dominant gas group, PGNiG (PGNI.WA), plan to jointly buy a foreign company with access to oil, the PGNiG chief executive said in the daily Rzeczpospolita on Thursday, .

"Earlier announcements and declarations concerning cooperation did not yield effect," PGNiG head Michal Szubski told the paper. "Now we have a chance to change that."

PKN Chief Executive Jacek Krawiec was quoted as saying only that "details of these negotiations are confidential."