No refinery decision

Alan Heath
09-04-2001, 00:00

No refinery decision

A decision on which company was to be chosen for exclusive negotiations on the sale of the Gdańsk refinery was expected today. It will not be happening. Nafta Polska is not likely to make a decision until after the Easter holidays.

An anonymous source has said that the delay may have been caused by the treasury who may also cancel the tender. Deputy minister Barbara Litak-Zarębska, who is responsible for the privatisation of the fuels sector, requested a cancellation a couple of weeks ago but her request was refused. However there is a strong current within the treasury trying to link the Gdańsk refinery with PKN Orlen.

A parliamentary treasury committee has already suggested that if the initial privatisation plan does not bring the intended result then shares could be sold to PKN Orlen.

This is the second attempt at privatising Rafineria Gdańska.

On 12 March a consortium around the British Rotch Energy and the Hungarian MOL put in their final bids. Nafta Polska says that it wants to close a deal by the end of June.

© ℗
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Podpis: Alan Heath

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