PKN Orlen ready to "correct" offer for RG

PKN Orlen president Zbigniew Wróbel has announced that the oil concern intends to change its strategy in negotiations with the Treasury Ministry concerning the expansion of the fuel market. So far, Orlen's aim was to takeover Gdańsk Refinery (RG) and subsequently become the fuel sector's consolidation center in Central-Eastern Europe. Moreover, Wróbel said that if he was officially asked to supplement the bid for the purchase of the refinery, he was willing to do so. "We want to correct our offer if necessary and additionally we declared our willingness to restructure refineries in the south of the country. We, therefore, filed for permission to conduct due diligence, but we have yet to receive it," Wróbel said. He added that Orlen agreed to hand over control of Naftoport to the Treasury Ministry and is awaiting further proposals from the ministry and Nafta Polska. (www.onet.pl; Puls Biznesu p. 5) A.Z.