Poland-Ukraine gas pipeline is closer to realization

The plan for Zakłady Azotowe Puławy (ZAP) to construct a gas pipeline to Ukraine is becoming ever more realistic. Ukrainian gas is to be cheaper than the Russian gas currently dominating the domestic market. During President Kwasniewski's recent visit to Ukraine, ZAP president, Zygmunt Kwiatkowski, managed to sign a preliminary agreement with NAK - the Ukrainian counterpart of ZAP. The most difficult problem for such a venture concerns finance, but according to ZAP's manager, this can be surmounted. "Our company was r ecently visited by a Ukrainian bank representative interested in managing the consortium. It looks as though finding investors will not be probl ematic," stated Kwiatkowski. (Puls Biznesu. p. 3) A.C.