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PGNiG still pushing for bourse debut before June is out

"It is still possible, if everything goes according to the schedule," assured Małgorzata Przybylska, spokeswoman of PGNiG. However, the firm has only one week to receive a positive response from the KPWiG, which has previously ruled against the move. "In my opinion an amended prospectus of the firm gives an opportunity to receive a positive decision," claims Zbigniew Mrowiec, deputy chairman of KPWiG. However, Civic Platform (PO) and Law and Justice (PiS) demand that the company spins off its gas transferring company PGNiG Przesył in a way that will not result in natural gas price hikes, as well as securing the interest of the state in EuroPolGaz. PiS also demands that the company diversifies its supplies of natural gas. Both parties agree that the IPO can proceed, but claim that it should be delayed until 2006 or 2007. (Puls Biznesu, pp. 1, 5) M.M.

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