PGNiG to buy into Petrolinvest or buy assets

WARSAW | Wed Nov 25, 2009 2:31am EST

WARSAW Nov 25 (Reuters) - Polish gas monopoly PGNiG PGNI.WA will buy into Polish oil venture Petrolinvest PROL.WA or will acquire its Kazakhstan drilling assets, Petrolinvest said in a statement.

PGNiG declined to comment, adding the two companies will hold a joint press conference on Thursday. (Reporting by Adrian Krajewski; Editing by David Holmes) ((adrian.krajewski@thomsonreuters.com; +48 22 653 9709; Reuters Messaging: adrian.krajewski.thomsonreuters.com@reuters.net))

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