PGNiG in talks for foreign shale partner

Polish partnering: Foreign player could join shale exploration efforts by PGNiG with talks underway

Polish gas monopoly PGNiG has said it is in talks with a foreign partner to help develop shale gas, marking a change in the state player’s approach.

The company's deputy chief executive Marek Karabula said a foreign partner would bring both expertise and capital to future shale exploration and development without giving further details, according to Reuters.

PGNiG had previously shunned foreign partners and had not shared its geological data.

"We are in contact with one foreign partner," Karabula told reporters on the sidelines of a shale gas conference.

PGNiG had discussions last year with another foreign firm but talks collapsed after both sides agreed lack of geological data made it too early to strike a deal, he added.

While a government…

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