18.05.2010

PKN ORLEN at the 2010 Global Refining Summit

Jacek Krawiec, President of the Board of PKN ORLEN opened the 2010 Global Refining Summit in Rotterdam – an international meeting venue for the refining sector. In his speech concerning the results of the global economic crisis and its impact on the refining sector, Mr. Krawiec pointed out the effects of the changing demand and supply dynamics, and presented prospects for the future.

4th edition of the Global Refining Summit, bringing together representatives of the refining sector form all over the world, will be held in Rotterdam until Wednesday, May 19. Representatives of fuel companies, technology suppliers and consulting businesses will be trying to answer the question of how to secure profitability of the refining sector in the future.

- The Global Refining Summit is not only an opportunity for global petroleum corporations to meet, but it serves primarily as a venue for exchanging experience and shaping trends impacting the entire refining sector - said Jacek Krawiec.

- The fact that we were invited to give the opening speech is a proof of the important role played by PKN ORLEN in Central and Eastern Europe, which has been recognized by the international petroleum community.

During the Global Refining Summit the sector representatives will be also discussing the market changes and their impact on operating activity, will touch upon optimization plans, development and expansions plans that refining companies have all over the world, as well as innovative, technology-related solutions. They will also exchange views on long-term challenges faced by the refining sector.

Jacek Krawiec, President of the Board of PKN ORLEN is the first Polish refining company executive to be invited to give the Global Refining Summit opening speech. In the past the event was opened by: Sherman Glass, Chairman of ExxonMobil Refining & Supply and Jeet Bindra, President of Refining Chevron. The debate on challenges faced by the refining industry will be attended by Sławomir Jędrzejczyk, Vice President of PKN ORLEN in charge of Finance.