PNGiG announces stake in Norway
The Polish Gas and Oil Co. announced Thursday it had bought a 15 percent stake in three mining licenses in the Norwegian continental shelf for $360 million. At a news conference, Polish Prime Minister Jaroslaw Kaczynski called the deal a breakthrough and said it would help Poland diversify its sources of energy, the PAP news agency reported. Economy Minister Piotr Wozniak said Poland could begin mining natural gas and crude in 2011…

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Jarle Petterson <jp