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Gov't mellows its stance over selling ZEDO to Endesa

"Discussions concerning the strategy for the energy sector are still under way. We were informed that the whole issue should be clear next week," said Joaquin Rodriguez. Until recently the Ministry was supporting the concept of selling the plants to Endesa, but now enigmatic announcements of the government envisage that the plant will be an important source for energy diversification of natural gas to Poland. Due to its location, which is some distance from the nearest coal mine, some were even considering constructing energy blocks fuelled by natural gas. This was also one of the reasons for plans to withdraw from the transaction with the Spanish company, while the other one is the fact that it will be taken over by German E.ON, which will be participating in the construction of the Baltic pipeline from Russia to Germany bypassing Poland. Due to this the investor might not support plans to develop Polish natural gas projects, but rather ensuring demand for its own product. (Puls Biznesu, pp. 1, 3) M.M.

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