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Separation of sales and distribution key part of energy restructuring plans

A preliminary government program for the privatization and restructuring of the energy sector envisages a major overhaul of Polish Oil and Gas (PGNiG). In the first phase an exploration company would be separated from the oil giant. Other units to be spun off later would include 23 companies supplying gas to individual customers. Deputy Economy Minister Marek Kossowski, explaining another restructuring scenario, said, "We want to separate energy sales from distribution companies, with the latter remaining in State hands for a while, handling transmission services." Poland intends to liberalize the energy market so that by the end of 2005 all customers will be able to choose their electricity supplier. (Gazeta Wyborcza, p. 23; Puls Biznesu, p. 10; Reuters) A.Z.

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