The Polish firm is reportedly planning to transport Venezuelan oil to China following the lifting of sanctions on Caracas.
oil
Polish state energy firm Orlen overseeing Czech Republic’s highest Russian oil imports since 2012
Orlen notes that the landlocked Czech Republic can only be supplied via pipelines, meaning there is no alternative to Russian oil.
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Petrol and diesel prices in Poland have risen most in EU since Russia’s invasion of Ukraine
Petrol prices in Poland are up 35.57% and diesel 32.01%.
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The announcement comes as the European Commission yesterday unveiled plans to ban the import of Russian oil.
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The Polish state oil giant has an opportunity to join the European elite, but this will come at a high price.
Polish state oil giant sells assets to Saudi Aramco and Hungary’s MOL ahead of merger
The sales include hundreds of petrol stations and a share in an oil refinery.
Belarus limits oil flow to Poland due to pipeline “repairs” amid growing tensions on border
The Druzhba pipeline sends oil from Russia to European refineries.
Fuel prices hit highest level in years in Poland
Rising fuel prices amid rapid inflation could increase pressure on the government.
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