During a press conference in Gdańsk, Daniel Obajtek, the president of PKN ORLEN emphasized “I expect that we will take over Lotos Group operationally, at the turn of June and July. First of all, we will balance joint purchases, including crude oil”.

The head of ORLEN also announced the acceleration of the merger process with the Polish Oil and Gas Industry (PGNiG).

Daniel Obajtek added “This balance will allow us to be stable, to offer stable prices and to be resistant to all kinds of fluctuations. The size of the company makes it resilient, and only such a powerful company has a completely different position in negotiations on the purchase of oil or gas”.

The conference in Gdańsk was held on the occasion of the ORLEN Group’s purchase of approximately 130 thousand tons of Johan Sverdrup crude oil from Norwegian deposits in the North Sea. The tanker with the crude oil arrived at Naftoport in Gdańsk.

“After the merger with LOTOS Group, the ORLEN Group’s demand for crude oil in Poland will amount to approximately 26 million tonnes annually. Scale matters. It will enable further establishing and strengthening relations with global producers of the raw material. This is the strategic goal of building a multi-energy company”, said Daniel Obajtek.

PKN ORLEN also reached an agreement on increased amounts of other deliveries from non- East sources. The undertaken actions fully secure the continuity of production in refineries of the ORLEN Group in Poland, the Czech Republic and Lithuania. They are also continuing the diversification of crude oil supplies carried out by ORLEN over the last four years.

The PKN ORLEN Group manages six refineries in Poland, the Czech Republic and Lithuania, and also mines in Poland and Canada. Its consolidated sales revenues reached PLN 131.5 billion in 2021.

Adrian Andrzejewski