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Orlen is taking over the Polish section of the Yamal gas pipeline, the state controlled refiner said on Tuesday, meaning Russia's Gazprom will no longer have a stake.
Orlen, which took over Polish gas monopoly PGNiG in 2022, is in several disputes with Gazprom in an arbitration tribunal in Stockholm over prices Poland paid for Russian gas from 2017 to 2022.
ORLEN chief executive and president Ireneusz Fąfara said in comments about the new contract, “We continue to develop our trading expertise and leverage our experience in the U.S. market ...
PKN Orlen S.A. has transformed into a diversified energy conglomerate, leveraging innovation, strategic acquisitions, and capital discipline to navigate market volatility and grow profitability ...
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