POLISH PETROCHEMICAL COMPANY PREPARES agreement on the joint oil exploration
Nafta Polska, Grupa Lotos, PKN Orlen and Polskie Gornictwo Naftowe i Gazownictwo (PGNiG) are preparing an agreement on the joint exploration of oil fields. This was at a meeting of the Polish Sejm Minister Jacek Socha budget. Earlier, the listed company declared a desire to cooperate in the field of search access to new oil fields both domestically and abroad. Thus, Poland may diversify oil supplies, which are currently at 95% is provided by Russian companies. While the details of the collaboration were not disclosed, it is known only that the coordinator of state concern will Nafta Polska.
The company does not intend to buy the field and make concessions for their exploitation. Experts say that getting concessions associated with investments in the hundreds of millions of dollars, which is a great investment even for the Polish petrochemical giants. According to CEO of PKN Orlen Igor Halupets, the company is soon going to start activities to identify areas of production. In February this year, Igor Halupets already reported that his concern will invite other companies to partnerships to gain access to the oil fields. Then the chairman of concern as potential partners called PGNiG and Grupa Lotos, and did not rule out an alliance with the world#39;s largest oil companies.
As already reported rccnews.ru, in January this year, President PGNiG, Nafta Polska, PKN Orlen and Petrovaltic together participated in the negotiations with the leaders of Libya for access to the oil fields of the country. In addition, Nafta Polska reported that, except for Libya, in Polish companies also applies to oil fields in Syria, Sudan, Angola, Yemen, Iran, Jordan and Kazakhstan. Currently, oil exploration and production in Poland has been PGNiG, whose partners are foreign companies.
Own annual oil production in Poland is about 680 thousand tons, and provides only about 2% of the country#39;s industry needs this raw material.
