– I do not know the facts about the contracts, as I was not a party to these contracts. Ziobro replied I think these contracts consist of thousands of documents and it is difficult for me to assess whether it is a good or bad contract based on the media coverage, as there are different controversies and situations. He added that if a notification is received and circumstances are provided that indicate the possibility of committing a crime, the Public Prosecutor’s Office will make a decision on the case. He emphasized that “it is useful to get acquainted with this kind of agreement, and this is what I support: transparency and openness.”
GW: Selling Lotos may be illegal
“The sale by Orlin of a part of Lotos to Saudi Aramco took place in violation of the law on the control of certain investments. The secret services were not allowed to evaluate the deal, despite the fact that Saudi Aramco is cooperating with Putin’s Russia.
The authors of the post also wrote that “Orlin’s sale of shares in Lotos to the oil company Saudi Aramco was not consulted regarding Poland’s energy security.” Business Insider Polska also wrote about the case.
PKN Orlen CEO Daniel Opajtec confirmed on Friday that the deal with Saudi Aramco is guaranteed both in contracts and at the level of laws. According to his assessment, “the Saudis are our substitute for oil supplies from Russia and in this way they guarantee our security.”
On January 12 of this year, PKN Orlen submitted, in accordance with the requirements of the European Commission, the planned remedies in connection with its intention to take over Lotos. They are to protect the Polish fuel market and the refining market from a monopoly. As part of it, it was agreed, among other things, that Saudi Aramco would acquire a 30 percent stake. In Rafineria Gdańska, Hungarian MOL will take over 417 Lotos service stations in Poland. In turn, Orlen will buy 144 petrol stations in Hungary and 41 petrol stations in Slovakia from MOL.
Orlin reported that it had negotiated a long-term contract with Saudi Aramco to supply from 200,000 to up to 337,000 barrels of oil per day. The maximum target for Arab oil supply is expected to reach 400,000 tons this year. Barrels per day (20 million tons annually). This includes deliveries resulting from the contract with the Saudi interest and the sale of 30 percent. shares in the refinery. Orlin estimated that these deliveries could meet up to 45 percent of the country’s needs. Total demand from the entire Orlen Group – after taking over Lotos – in Poland, Lithuania and the Czech Republic.
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