KGHM-PGNiG gas deal

The new management boards of copper conglomerate KGHM and the Polish Oil and Gas (PGNiG) are planning to take a final decision on an unrealized contract from 2003. The contract is for the delivery of about 10 billion cubic meters of natural gas by PGNiG to KGHM's subsidiary Energetyka over the next 20 years.

"We are the third management board to handle this issue. I am full of optimism," said Michał Szubski, president of PGNiG.