ČEZ manager says RWE gas pipeline firm NET4GAS for sale

ČEZ finance boss Martin Novák says RWE-owned Czech gas pipleline company is up for sale, but ČEZ is not interested

Chris Johnstone | 10.11.2011

ČEZ financial director Martin Novák

ČEZ financial director Martin Novák, recently promoted to become deputy board chairman of the Czech power giant, probably put his foot in it when he said Wednesday night that the country’s main natural gas pipeline company, NET4GAS, is up for sale. The German power company that owns it has insisted no decision has yet been taken.

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