ORLEN signs agreement with Equinor. Up to a quarter of required oil may come from Norway
The ORLEN Group has signed a three-year agreement with Equinor ASA for oil supplies from Norway. The contract may provide over 9 million tons of crude oil annually, which is up to a quarter of the Polish company's yearly demand. Deliveries will begin at the start of September 2026 and will cover refineries in Poland, the Czech Republic, and Lithuania.
Johan Sverdrup is one of the largest Norwegian oil fields.
Fot. Espen Rønnevik/Øyvind Gravås/Equinor
The contract will be based on oil from the Johan Sverdrup field on the Norwegian Continental Shelf. The agreement is structured so that ORLEN can adjust the volume of deliveries to the current needs of its refineries and the market situation. The annual volume will range from nearly 5 million tons to over 9 million tons. Other commercial terms of the agreement remain confidential.
Deliveries will be flexible. Volume will reach over 9 million tons
The contract will be valid for three years. ORLEN states that at maximum volume, oil from Norway could account for up to a quarter of the group's annual demand. The raw material will be delivered to three countries. ORLEN's refineries in Poland, the Czech Republic, and Lithuania will use it.
The agreement allows for changes in the scale of deliveries. Depending on demand, ORLEN will receive from nearly 5 million tons to over 9 million tons of oil annually, allowing the contract to be tailored to the operational needs of the refineries. The agreement is not limited to just one type of crude. There is also the possibility of supplying other types of oil extracted from the Norwegian Continental Shelf.
The agreement allows for changes in the scale of deliveries. Depending on demand, ORLEN will receive from nearly 5 million tons to over 9 million tons of oil annually, allowing the contract to be tailored to the operational needs of the refineries. The agreement is not limited to just one type of crude. There is also the possibility of supplying other types of oil extracted from the Norwegian Continental Shelf.
In the photo: Johan Sverdrup field.Photo: Lizette Bertelsen, Jonny Engelsvoll/Equinor press materials
Johan Sverdrup is the basis of the contract. The field is of key importance
The main source of supplies will be Johan Sverdrup. This is the highest-producing oil field on the Norwegian Continental Shelf, which, according to the information provided, accounts for about one-third of Norway's oil production. Extraction is powered by electricity from the mainland. As a result, CO2 emissions related to production are significantly lower than the global average.
The new agreement expands the existing cooperation between the two companies. ORLEN and Equinor are already jointly engaged in extraction on the Norwegian Continental Shelf and low-emission solutions, and the Norwegian company is also developing energy projects in Poland. Together with Polenergia, Equinor is working on Baltic offshore wind farms. The subsidiary Wento is developing photovoltaic projects, onshore wind farms, and energy storage facilities in Poland.
The new agreement expands the existing cooperation between the two companies. ORLEN and Equinor are already jointly engaged in extraction on the Norwegian Continental Shelf and low-emission solutions, and the Norwegian company is also developing energy projects in Poland. Together with Polenergia, Equinor is working on Baltic offshore wind farms. The subsidiary Wento is developing photovoltaic projects, onshore wind farms, and energy storage facilities in Poland.
Equinor points out that the new contract is part of broader energy cooperation with Polish partners in the areas of oil, natural gas, and low-emission solutions. For ORLEN, the agreement means an increased share of supplies from Norway in the supply of refineries in the region. Detailed commercial terms of the three-year contract have not been disclosed.
How do you rate this article?