PGNiG does not want to let its rivals take over gas deliveries for its strategic clients, i.e. chemical companies. They use 2.4bn cubic meters of gas, while the whole country needs 14-15bn cubic meters. The gas giant eyes also power plants which use 1bn cubic meters of gas annually. In order to secure orders from these companies, PGNiG wants to buy stakes of several firms.
“We consider acquisition of 10-20 percent stakes of Tarnow and Kedzierzyn nitrogen plants. Then we want to invest in a similar stake of Pulawy nitrogen producer”, Michal Szubski, PGNiG’s CEO said.
The state plans Tarnow and Kedzierzyn to be listed on the Warsaw Stock Exchange this year.
PGNiG is also interested in Police plant, which is already listed on the WSE. It may also buy 10-20 percent stakes of power producers. This year, Enea energy group will be listed, next year: Tauron, Energa and PGE.
“We may invest in one of the first groups listed on the WSE but it’s hard to
say now what the final decision will be”, the CEO added.