The Polish head of Orlen announced that he lost $27 million a day due to the rejection of oil from Russia

No time to read?
Get a summary

Orlen, Poland’s largest oil refinery, is losing $27 million a day due to restrictions on oil imports from Russia. In an interview with the Financial Times, declaration chairman of the energy company Daniel Obaitek.

According to him, alternative Russian oil costs the company about $30 more per barrel. This is how Obaitek explained the financial loss.

“This is a question of refusing to support Russia. This is the market value (refusing to support Russia) for all companies that do not import oil from Russia, ”said the head of Orlen.

At the same time, the company continues to use Russian oil supplied through the Druzhba pipeline at its refinery in the town of Litvinov. According to Obaitek, the Polish side is working with the Czech Republic to improve the logistics of oil supply, which will completely replace Russian raw materials.

Polsat TV channel in the first half of April reportedThat Orlen broke the last contract for the supply of Russian oil.

No time to read?
Get a summary
Previous Article

The Russian ambassador also wants to celebrate “Victory Day” this year. “The State Department has not recommended it.” Will there be protests again?

Next Article

The agri-food sector leverages innovation to solve its challenges