Billions have already been spent on the planned plant but Orlen says halting the project now will save the firm from likely losses.

Billions have already been spent on the planned plant but Orlen says halting the project now will save the firm from likely losses.
The firm rejected such criticism, arguing it “has posted robust operating performance” in a difficult macroeconomic environment.
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Turbines from the plant will supply Poland’s first offshore wind farm in the Baltic Sea.
Orlen and the Polish government want to turn the new merged energy group into a “global multienergy syndicate”.
The plant will have a capacity of 563 MW, and is expected to later run entirely on hydrogen.
The announcement comes as the European Commission yesterday unveiled plans to ban the import of Russian oil.
Almost half of the 128 million zloty spent in magazines last year went to government-friendly weeklies.
Jakub Wiech
The Polish state oil giant has an opportunity to join the European elite, but this will come at a high price.
The company is aiming to be climate neutral by 2050.
The sales include hundreds of petrol stations and a share in an oil refinery.
Orlen will expand and modernise its Mažeikiai oil refinery.
The latest developments have raised further concern over government influence.
Norway’s Oil Fund owns a minority stake in Orlen, the Polish state firm that has bought hundreds of newspapers.
PKN Orlen wants to open 900 of its new format retail outlets by 2026.