PGNiG to team up with Gaz de France over LNG?

This project is one of the most important elements for diversifying Poland's gas supply. Therefore, the publicly listed concern is looking for partners to fulfill the investment. Today at noon, representatives of PGNiG are to meet with Jean-Francois Cirelli, the president of Gaz de France, to discuss signing a document related to cooperation between the two enterprises. "We want to state exactly what we can do together and on what terms," said PGNiG spokesperson, Małgorzata Przybylska. The cost of the investment is estimated at between EUR 200-600 million. However, the final costs will also depend on the technology used for construction and the volume of gas which will be transferred through the terminal. The price of LNG in Europe stands at around $117-146 per 1,000 cubic meters. The price of gas imported from Russia by Poland stands at $200 for the same amount. (Puls Biznesu, pp. 1, 4) A.K.