Poland’s Orlen unlikely to buy state-owned stake in Mozyr refinery – Belneftekhim
<p> MINSK, 22 May - PrimePress. Belarusian state-run petrochemical industries concern Belneftekhim so far cannot see a possibility for Poland’s Orlen to acquire a state-owned stake in the Mozyr Refinery (Gomel Oblast), says Belneftekhim press officer Alexander Tishchenko. </p> <p> </p> <p> As previously reported, Polish analyst Mateusz Tsabak stated in an article on Biznesalert.pl about the expediency of merging together the Polish oil refineries Orlen and Lotos. In his opinion, the merged company could buy a stake in the Mozyr refinery, especially since the Belarusian government is interested in attracting a strategic investor to the enterprise. Tsabak believes that Poland could become such an investor, as both Polish refineries are shareholders in the Gdansk Oil Port, through which alternative oil deliveries to Belarus are possible. </p> <p> </p> <p> “It is unlikely that Poland’s Orlen will dare to make such proposals, considering it has unsettled debts to the Belarusian company Gomeltransneft Druzhba. Litigation in this matter is fundamentally delayed, while the solution is literally on the surface: either they compensate with money or with what is left of the pipe itself,” said Tishchenko. The official is are talking about the long-standing court dispute between Gomeltransneft Druzhba and Orlen Lietuva on compensation for the technological oil, which was drained in 2015 from the section of the northern branch of the Druzhba pipeline closed in 2006, which the Belarusian side considers its own. We are talking about compensation of $84 million from the Orlen Lietuva oil pipeline. </p> <p> </p> <p> At the same time, Tishchenko stressed that the unresolved dispute remains the only obstacle to the implementation of the project to restore oil transit to Belarus in the Lithuanian section of the Druzhba pipeline. </p> <p> </p> <p> An energy source told PRIME in April that Belarus planned to start pumping oil via a pipeline running from Poland for its Mozyr refinery until the end of 2020 to get about 100,000 tonnes per month. </p> <p> </p> <p> Prior to that, President Alexander Lukashenko said that Belarus and Poland had been negotiating supplies, including of American and Saudi oil, via the port of Gdansk (Poland) and then through the pipeline to the refineries. End </p>
2020-05-23
Primepress
Poland’s Orlen unlikely to buy state-owned stake in Mozyr refinery – Belneftekhim
MINSK, 22 May - PrimePress. Belarusian state-run petrochemical industries concern Belneftekhim so far cannot see a possibility for Poland’s Orlen to acquire a state-owned stake in the Mozyr Refinery (Gomel Oblast), says Belneftekhim press officer Alexander Tishchenko.
As previously reported, Polish analyst Mateusz Tsabak stated in an article on Biznesalert.pl about the expediency of merging together the Polish oil refineries Orlen and Lotos. In his opinion, the merged company could buy a stake in the Mozyr refinery, especially since the Belarusian government is interested in attracting a strategic investor to the enterprise. Tsabak believes that Poland could become such an investor, as both Polish refineries are shareholders in the Gdansk Oil Port, through which alternative oil deliveries to Belarus are possible.
“It is unlikely that Poland’s Orlen will dare to make such proposals, considering it has unsettled debts to the Belarusian company Gomeltransneft Druzhba. Litigation in this matter is fundamentally delayed, while the solution is literally on the surface: either they compensate with money or with what is left of the pipe itself,” said Tishchenko. The official is are talking about the long-standing court dispute between Gomeltransneft Druzhba and Orlen Lietuva on compensation for the technological oil, which was drained in 2015 from the section of the northern branch of the Druzhba pipeline closed in 2006, which the Belarusian side considers its own. We are talking about compensation of $84 million from the Orlen Lietuva oil pipeline.
At the same time, Tishchenko stressed that the unresolved dispute remains the only obstacle to the implementation of the project to restore oil transit to Belarus in the Lithuanian section of the Druzhba pipeline.
An energy source told PRIME in April that Belarus planned to start pumping oil via a pipeline running from Poland for its Mozyr refinery until the end of 2020 to get about 100,000 tonnes per month.
Prior to that, President Alexander Lukashenko said that Belarus and Poland had been negotiating supplies, including of American and Saudi oil, via the port of Gdansk (Poland) and then through the pipeline to the refineries. End