In 2023, the share of Russian oil in Poland’s imports may fall to 10 percent. Daniel Obaitek, Orlen Fuel Concern Chairman, wrote this on Twitter.
“Orlen’s long-term contract for Russian oil expires in January and we will not renew it. As a result, about 90 percent of the refined oil will come from outside Russia,” he said.
According to him, Poland hopes to replace Russian oil with materials from Saudi Arabia. At the same time, the Polish side has been building relations for several years, changing the direction of supply. Therefore, close cooperation with Aramco can be an important pillar.
December 26, Deputy Prime Minister of the Russian Federation Alexander Novak declarationThat Germany and Poland applied to pump oil through the Druzhba pipeline in 2023, but did not specify which country’s oil was in question. The politician reminded that these two countries announced that they would reject oil from Russia.
Prior to this, Orlen energy concern decided not to renew the expired long-term contract for the supply of oil from Russia, and also plans to terminate a similar contract with the Russian Federation due to EU sanctions.
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.