Polish Briefing 22 September, 2022 8:30 am   

Polish Briefing: PGE still wants to get rid of coal despite the boom caused by Russia | Lotos gas stations will remodel to Orlen design by the New Year


What goes on in Poland on the 22nd of September.

PGE still wants to get rid of coal despite the boom caused by Russia

Polska Grupa Energetyczna (PGE) continues to support its plan to allocate its coal assets to the National Energy Security Agency (NABE), although coal is temporarily more profitable due to Russia’s attack on Ukraine and the energy crisis fueled by Gazprom.

– Perhaps for some, delaying the transfer of assets is a tempting option. However, we implement our plan consistently and the outlook for NABE will be very good. A decent start and a solid foundation will make this prospect tempting. We must implement our strategy – said the president of PGE Wojciech Dąbrowski at a press conference.

Lotos stations will be modeled after Orlen by the New Year due to merger

PKN Orlen is planning to finish changing of the logo of about 100 petrol stations taken over from Lotos by the end of January 2023 – as reported by the Polish Press Agency (PAP). The company is not planning to liquidate any of these facilities due to their proximity to its original Orlen gas stations.

As a result of the merger, Orlen took over about 100 Lotos fuel stations, both the company’s own and franchised facilities. By the end of January 2023, it is to change their brand from Lotos to Orlen.

– The issue of the competitiveness of the Lotos and Orlen stations has already been analyzed by the European Commission. On this basis, the European Commission determined the number of stations that may remain in the Orlen Group. Therefore, the concern does not plan to close any Lotos stations due to their location in the vicinity of Orlen’s branches. Ultimately, the acquired Lotos stations will have the same offer as other stations in the Orlen network, the company informed in response to PAP’s questions.