British Rotch Energy is out of the picture for Grupa Lotos stake

Maciej Gierej, NP President said that the tender was closed last summer, which the British investor was informed of, and NP had the right not to disclose the reason for not choosing RE. In its recent letter to NP, Rotch Energy announced it would demand $10 million in compensation, if the stake were sold to another investor. In response, Gierej said that his company has a declaration signed by Rotch, that all costs would be borne by their side. (Puls Biznesu, p. 9) A.K.