ORLEN signs new gas supply agreements

PKN ORLEN has signed purchase agreements for natural gas with six suppliers: ENOI SpA, RWE Supply & Trading GmbH, VITOL SA, Vattenfall Energy Trading GmbH, Mercuria Energy Trading SA and PGNiG Sales & Trading GmbH. The new agreements will supplement the Company’s current supply portfolio.

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ORLEN starts construction work on its CCGT project in Wloclawek

PKN ORLEN has officially launched construction work on what will be the largest state-of-the-art CCGT plant in Poland. The new 470 MWe unit will generate heat and electricity simultaneously, using the co-generation technology. This highly efficient and environment-friendly generation method will be used e.g. by Anwil and PKN ORLEN. The foundation stone ceremony for the project was held today. The new CCGT plant is expected to be commissioned by the end of 2015.

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Conclusion of agreements for building and service of power plant in Wloclawek

PKN ORLEN and a consortium of General Electric International Inc., acting through General Electric International S.A., the Polish branch, and SNC-LAVALIN POLSKA Sp. z o.o. signed a turn-key contract for a new CCGT unit in Włocławek. Concurrently, a comprehensive twelve-year maintenance contract for the key CCGT unit components was signed with General Electric International S.A., the Polish branch. The contracts total PLN 1.1bn VAT-exclusive and approximately PLN 200m, respectively. The overall project costs are estimated at just under PLN 1.4bn.

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