Price War Costing PGNIG

摘要

An ongoing tug-of-war over a higher gas tariff between Poland’s PGNIG and the regulator URE is hurting the gas delivery monopoly’s bottom line and may force it to curb investments, a PGNIG executive said on Wednesday. “We are making several million in losses daily,” Deputy Chief Executive Miroslaw Szkaluba told reporters. “We are not taking decisions on new investments, just continuing the ones already started.”