8/09/2006

Poland's top fuel firm PKN Orlen says it is monitoring sale of Latvian oil firm Ventspils stake

Top Polish fuel firm PKN Orlen's interest in a 38.6% stake of Latvian oil terminal firm Ventspils Nafta up for sale by the Latvian government falls under the company's standard market monitoring operations
PKN Orlen spokesman Dawid Piekarz told Interfax on Tuesday.

"It is too early to talk about our interest in this particular company," Piekarz said. "We are monitoring investment possibilities in the region and our interest in Ventspils is of this character. This is not the stage when we are talking about placing any concrete offers."
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