The sale, which gave the Saudis partial control over one of Poland’s two oil refineries, “resulted in significant security risks”.
Aramco
Saudi Aramco and Hungary’s MOL complete Polish acquisitions as part of Orlen-Lotos merger
The Saudi company take a 30% stake in Poland’s Gdańsk oil refinery as well as Lotos’ jet fuel business
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Polish state energy firm pledges to ensure oil supplies to region in case of Russian oil embargo
The announcement comes as the European Commission yesterday unveiled plans to ban the import of Russian oil.
