PGNiG thinks gas price hike request will be granted Warsaw, Poland September 1, 2006 Gas monopolist PGNiG expects its request for a gas price hike by 4.9% to be approved by the regulator, but will apply again for a price hike, should the current request be turned down.
I recently registered with the Warsaw Voice, but am not yet able to obtain further details regarding this gas price hike. Can someone provide further details>
ogen.....Had seen a similar article in the Warsaw Business Journal about a month ago, but can't reference it now.
Check out www.wbj.pl/ . You have to register to be able to access any article in more detail, but it's free.
Also, PGNiG may be the gas monopolist in Poland, but apparently it is not when it comes to oil. The second largest oil producer is Grupa Lotos. They struck large oil reserves in the Baltic recently and have increased revenues by almost 40% in 2006.