Feb 16 • 21:21 UTC 🇵🇱 Poland Rzeczpospolita

Orlen summarizes the first year of strategy implementation

Orlen, a Polish oil and gas company, summarizes the first year of its 2035 strategy implementation, focusing on gas acquisition and renewable energy investments.

On January 9, 2025, Orlen published its long-term strategy titled "The Energy of Tomorrow Starts Today," aimed at transforming its operations through significant investments in sustainable energy solutions. After more than a year of implementation, the company has begun to assess its progress and achievements related to this strategy. A core focus is the acquisition of new gas reserves in Norway and Poland, highlighting its commitment to securing reliable and cost-effective energy sources for Polish citizens.

Ireneusz Fąfara, the president of the Płock-based company, emphasized that Orlen invests an average of 1013 PLN annually per Pole over the next decade, amounting to a total investment of 380 billion PLN during the strategy's duration. This investment will cover not only gas acquisition but also renewable energy sources, gas energy blocks, energy networks, and nuclear power initiatives. Fąfara's insights reflect Orlen's strategic direction towards enhancing energy security and sustainability within Poland and aligning with broader energy transition goals.

Additionally, Orlen has achieved notable milestones in the liquefied natural gas (LNG) market over the previous year, marking record-level performance that showcases its growing capabilities in gas supply. The company's strategic approach suggests a willingness to adapt and innovate in response to Poland’s energy demands, as it positions itself as a leader in the national energy landscape while addressing global trends in energy consumption and climate change.

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