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Petronas merges with Grupa Lotos

 Last Update: 2022-09-23
 Source: Internet
 Author: User

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The Polish state oil company said recently that it has completed the previously announced acquisition of small domestic refinery Grupa Lotos

Daniel Obajek, President of Petropol, said: "We have been expanding our investments over the past 4 years and will continue to strengthen our business lines for future profitable growth

Following the acquisition of Grupa Lotos, Petronas, Saudi Aramco and SABIC extend the execution time of a memorandum of understanding to jointly develop Grupa Lotos' existing refinery mixed-feed steam cracker and downstream derivatives in Gdansk device

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