PKN Orlen has signed an agreement with ExxonMobil to import 1 Mt of US crude oil within a year. The purchase would supply the group’ refineries in Poland, Czechia and Lithuania. PKN Orlen usually imports most of its oil from Russia but a price row with Rosneft has delayed the signing of a new supply agreement. PKN Orlen also imports crude oil from the Russian company Tatneft (200 kt/month).
PKN Orlen is the main wholesale supplier of oil products in Poland (56% market share in 2019). It operates a large refinery in Płock with a capacity of 16 Mt/year). In 2019, PKN Orlen processed and sold 17.6 Mt of oil products in the country. It also controls the 10.5 Mt/year refinery of Gdansk thanks to its 53% stake in Grupa Lotos. Since 2004, crude oil imports increased by 2.8%/year on average to 27 Mt in 2019. The share of Russia in oil imports has been decreasing during the last decade (60% in 2019 compared to more than 90% in 2010).