Incumbent PGNiG ready to squelch competition

One of the problems is access to depots and transport infrastructure, as potential competitors must store at least 3% of their imported products. They would be willing to lease them from PGNiG, but the company maintains a monopolist policy and gives no access to its warehouses. "We have too few depots to meet our own needs. Moreover, we cannot include the cost of investments in expanding the warehouse network in the price of gas for end users," said Krzysztof Glogowski, president of PGNiG. Hypothetically the company could spin off a warehouse-management entity, but it is neither willing to do this nor does it think the new firm would have any assets to handle. "Thanks to our own deposits, PGNiG will always have an advantage over the competition. The cost of acquiring gas and oil from [these deposits] is substantially lower than from imports.Therefore we will not give away this jewel in our crown," said Glogowski.(Puls Biznesu, pp. 4-5) M.M.