On Tuesday, the Supreme Audit Office during the conference presents the results of the control of the Orlen connection with the Lotos Group. It applies to 2018-2022.
Already in February 2024, the Supreme Audit Office published a report, which showed that PKN Orlen, in connection with the implementation of remedies at the merger with Lotos, sold the assets to private entities by at least PLN 5 billion below their values estimated by the NIK. In the report, the Supreme Audit Office indicated that the sale of Gdańsk Refinery shares for Aramco was below the valuation value of approx. PLN 3.5 billion. At the same time, Aramco gained a very strong position in Rafineria Gdańska sp. In her opinion, there is a risk of paralyzing the activities of the Gdańsk refinery in the absence of shareholders' consent regarding the company's strategic development directions.
In June 2022, Orlen received from the European Commission permission to merger with the Lotos Group, earlier – in accordance with the EC's requirements – the concern presented remedies planned in connection with the takeover of Lotos. It was decided that the Hungarian mol would take over 417 Lotos Network Network Stations in Poland, while Orlen will buy from MOL 144 gas stations in Hungary and 41 gas stations in Slovakia. The area of fuel and asphalt logistics as part of Lotos Terminals will buy Unimot. In contrast, Lotos Biopaliva will buy Rossi Biofuel.
At the same time, Orlen decided to sell Saudi Aramco 30 percent. Action of Gdańsk refinery of the Lotos Group and agreed a long -term contract for delivery from 200,000. up to 337 thousand Oil barrels a day, with the target volume of the supply of Saudi raw material should be 20 million tons a year. The company estimated that these supplies may satisfy up to 45 percent. The total demand of the entire Orlen group – after taking over a lotus – both in Poland, and in Lithuania and the Czech Republic.
The ORLEN Group is a multi -energy group that has, among others Rafineries in Poland, the Czech Republic and Lithuania. He also manages the petrochemical segment and hydrocarbon mining segment. At the same time, it develops a segment of renewable energy sources and plans to develop safe nuclear energy – by 2030 it intends to launch at least one small SMR nuclear reactor.
