Warsaw (Puls Biznesu) Nafta Polska (NP) wants to sign several initial agreements for co-operation with government agencies and companies in countries rich in oil It?s important. They control 80 percent of world's oil fields. We are going to sign such an agreement with state-owned KazMunaiGaz of Kazachstan. It would make it easier for Polish companies to negotiate concessions in Kazachstan, Adam Sek, NP CEO said.
KazMunaiGaz already competes with PKN Orlen fuel giant to buy Lithuanian Mozejki refinery.
Because they have their own fields, their chance are much bigger than those of Orlen, NP CEO stressed.
Unfortunately, Algirdas Brazauskas, Lithuanian PM, said that KazMunaiGaz and Russian-British company TNK-BP have the biggest chances to win the tender.
Five years ago, Orlen, MOL and OMV were evaluated at the same level of USD 2 billion. Today, the Polish giant has USD 7 billion of evaluation but its rivals have reached even more. Hungarian MOL is estimated at USD 10 billion while the Austrian one ? USD 12m. This is because they have their own oil fields.
The Polish company considers also oil fields acquisitions in other countries, including Iraq and Libya.