Ukrainian, Polish oil companies announce partnership agreement

9 March, 04:38 AM
Orlen is the largest oil refining company in Poland (

Orlen is the largest oil refining company in Poland (

Ukrainian oil enterprise Ukrnafta will begin direct purchases of gasoline and diesel fuel from Orlen – Poland’s biggest oil refining company, General Director of Ukrnafta, Serhiy Koretsky, said in a Facebook post on March 8.

“At the same time, Ukrnafta is negotiating (crude) oil exports with Orlen,” Koretsky added.

According to him, this would allow Ukrnafta to supply Ukraine’s domestic market with fuel at most favorable prices and free up space in underground storage facilities for future oil production.

“Hopefully, I will soon be able to share good news on this matter,” Koretsky summed up.

Video of day

In 2021, Ukrainian news agency Interfax-Ukraine reported that Orlen was planning to enter Ukrainian light oil retail market.

Last year, large stakes in Ukrnafta and Ukrtatnafta were transferred into state ownership, with Koretsky heading both enterprises.

PKN Orlen is the largest Polish company dealing in oil refining and distribution of fuels and lubricant – both in bulk and through its own network of petrol stations. 49.9% of Orlen’s shares belong to the state.

We’re bringing the voice of Ukraine to the world. Support us with a one-time donation, or become a Patron!

Follow us on Twitter, Facebook and Google News

Ukraine Today
Fresh daily newsletter covering the top headlines and developments in Ukraine
Daily at 9am EST
Show more news