PGNiG looking for international acquisitions

Polish state-controlled gas and power giant PGNiG is planning to continue its international expansion and is considering several concessions in various parts of the world, company’s Vice President of Exploration and Production, Zbigniew Skrzypkiewicz told the Polish Press Agency. “We’re interested in such markets as the US, Canada, Croatia and Romania,” Skrzypkiewicz explained. PGNiG is interested in acquiring concessions in these countries and is currently evaluating offers. The company is also interested in acquiring additional concessions in Norway, where it already holds stake in the Skarv oil and gas field. PGNiG also holds a concession in Pakistan and Libya, however works on the latter one have been suspended due to political reasons. In June this year, Polish company has closed its concession in Egypt where it conducted exploratory studies.