PGNiG given green light for Ukranian gas purchase

Polish Oil and Gas (PGNiG), has received the green light from the Economy Ministry for the purchase of 2 billion cubic meters of gas without org anizing a tender. Two previous tenders brought no results, and the company Sinclair was selected as the winner of one of the tenders, however the firm has failed to meet the terms of the contract. PGNiG is currently negotiating with potential distributors for the Ukrainian gas. According to unofficial information, Bartimpex, Elcom, Rolmex and Energopol 7 from Poznań are on the list of potential suppliers. "The supplies would be realized this year and in 2004 with the possibility of extending the period" said PGNiG president, Marek Kossowski. At the same time, obtaining such a huge amount of gas may pose a problem. PGNiG would like the Ukraine-based NAK to sign a cooperation contract. "It would be the most convenient solution" said Kossowski. (Puls Biznesu, p. 8) A.Z.