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PGNiG to Increase Expenditure on Investment.
(From Polish News Bulletin)
Polish gas monopoly PGNiG Deputy CEO Stanislaw Niedbalec announced that in 2006 the company's expenditure on investment is to amount to ZL1.5bn, of which 50 percent is to be spent on searching for and developing oil and gas deposits. PGNiG is currently involved in 18 investment projects. Several months ago, Niedbalec stated that the respective expenditure will not exceed ZL1bn. On 31 August, the Deputy CEO also …
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