Petrolinvest secures TPG Gaz deal for another four years

2008-03-17 00:00

publikacja
2008-03-17 00:00

The subsidiary of Petrolinvest will be entitled to sign a contract for liquid petroleum gas (LPG) directly with the Russian producer for another 36 months. Thanks to this contract the firm should import 450,000 tones of gas. TPG Gaz might be floated on the bourse, but so far no actual floor has been named. This venture should enable "a significant growth in scale of operations in relation to trading liquid gas by the group" not only in Poland, but also in the region. Second of all the new business should help "significantly boost the margin" thanks to cooperation "with the leading Russian producer of LPG gas".

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Petrolinvest secures TPG Gaz deal for another four years

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