What goes on in Poland on the 26th of February.
Orlen will continue to invest in Lithuania. The company wants to build a wind farm at the Mažeikiai Refinery
During the meeting with Lithuanian Prime Minister Ingrida Šimonytė, the CEO of PKN Orlen, Daniel Obajtek, presented the main strategic assumptions for the development of the Orlen Group until 2030, also in the context of the region’s energy security. The talks concerned, among others, the planned investment in deep oil processing in Mažeikiai and the broadly understood energy transformation, its importance for the region, as well as the development prospects of zero and low-emission energy generation sources, especially the development of offshore wind energy.
„Orlen Lietuva is a strategic company that manages the only refinery in the region, which guarantees its energy security. By investing in its development, we increase the benefits not only for the Orlen Group, but also for the Lithuanian economy. One of the key investments that we want to implement is the project of in-depth crude oil processing at the Mazeikiu refinery, which would enable a significant increase in the yield of high-margin products. That is why the declaration of the Prime Minister regarding the analysis of this investment in terms of the possibility of its support is very important. We also see potential in possible cooperation in the development of zero- and low-emission sources, because this direction is an important element in both the ORLEN2030 strategy and Lithuania’s energy strategy,” said Daniel Obajtek, President of the Management Board of PKN Orlen.
PKN Orlen is also interested in building an offshore wind farm in the Lithuanian part of the Baltic Sea. Consultations are also underway on the construction of an onshore wind farm in Mažeikiai with a capacity of approx. 50 MW. „We are interested in investing in offshore wind farms in Lithuania. If we go offshore there, we will automatically optimize our business in this country,” said Obajtek during a meeting with journalists. He also informed that consultations on the construction of an onshore wind farm with a capacity of approx. 50 MW in Mažeikiai were ongoing. Currently in Lithuania, the issue of concessions for offshore wind farms with a capacity of 700 MW is open, and the potential of the Lithuanian part of the Baltic Sea is estimated at even 1.4 GW. However, Obajtek did not want to discuss the capacity of the new installation.