PGNiG launches tender to exploit oil and gas deposit

The company announced a tender for the development of the Lubiatów-Międzychód-Grotów (LMG) gas and oil deposit. The tender encompasses a complex range of works, including the preparation of the design, the construction of specialist objects and delivery of infrastructure. The value of the LMG project has been estimated at around zł.430 million. Companies which want to participate in the tender need to have appropriate executive potential and references. This means that only a few Polish firms will be able to take part in the competition on their own. One of the companies interested in the contract is publicly listed PBG. "We plan to make an offer in consortium with a renowned foreign partner, which will provide the necessary technological backup," said Robert Białczyk, PBG's spokesperson. In related news, PM Kazimierz Marcinkiewicz announced that the government will not withdraw PGNiG from the bourse. Marcinkiewicz plans to introduce some organizational changes in the company, but so far has not revealed any details. (Parkiet, pp. 1, 3, Puls Biznesu, p. 12) A.F.