Galnaftogaz still eyeing IPO in 2010-2011

Galnaftogaz (GLNG) said on its website on Friday that it is not excluding the option to still conduct an IPO in late 2010-early 2011. The company did not disclose a potential venue, but Galnaftogaz representatives have previously stated that they were looking at listings in London, Frankfurt or Warsaw. Galnaftogaz originally stated plans to conduct an IPO back in 2007.