OREANDA-NEWS The largest Polish oil company Orlen is losing $ 27 million a day due to the refusal to use Russian oil, but these are reasonable expenses. This was stated by the head of the company Daniel Obaytek in an interview with the Financial Times.

According to him, currently, under the conditions of the price ceiling, alternative Russian supplies are more expensive by $ 30 per barrel. At the same time, Obaytek stressed that this is the market value of refusing to support Russia — it applies to all companies that adhere to such a policy.

Orlen continues to use Russian oil supplied via the Druzhba pipeline, which is not prohibited by the embargo. It is needed to work at an oil refinery in the Czech city of Litvinov. Logistics improvements are needed to replace supplies. Obaitek explained that the company is working on this with the Czech government.

Russia stopped oil supplies via Druzhba to Poland at the end of February. Orlen finally terminated the contract with Tatneft in early April. At the same time, in early March, the Polish side began preparing lawsuits against Russia for stopping supplies.

Earlier it was reported that Orlen doubled its gas production in 2022, as a result of which its volumes reached a record 7 billion cubic meters. This result was achieved by the launch of the Baltic Pipe gas pipeline, through which the country receives gas from fields on the Norwegian shelf.