27 October 2009 16:10 [Source: ICIS news]
PRAGUE (ICIS news)--Poland’s failure to strike a long-term gas deal with Russia could hurt efforts to obtain good prices for privatising the country’s chemical companies, the Polish Chamber of the Chemical Industry (PIPC) said on Tuesday.
“If the problem of the gas supply is not solved, it may result in lower prices being offered by bidders,” said PIPC director Jerzy Majchrzak.
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The country is currently only receiving Russian gas supplies arranged through short-term deals.
Nafta Polska, the organisation responsible for the restructuring of
Representatives from Nafta Polska were unavailable to comment on how the gas stand-off could affect those offers.
But Krzysztof Grad, a spokesman for
“But not for us so much. We don’t put so much gas into production. It’s more into heating and so on. This is more something of concern for the nitrogen-fertilizer producers,” he said.
Two of those, Zaklady Azotowe Tarnow (ZAT) and Zaklady Azotowe Kedzierzyn (ZAK), are also in the flagship package.
Another, Zaklady Azotowe Pulawy (ZAP),
“If there is some kind of raw material problem with any company when it enters privatisation, then this will be an issue. But we have not even moved into privatisation process yet,” said Hubert Kamola, director of ZAP’s chemical division.
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