marine link image
REGISTER NOW FOR the Port of the Future Conference • 2 Days, 50 Ports • Houston, TX • March 24–25, 2026

Poland Cuts Dependence on Russian Oil but at a Cost

May 8, 2018

© Nightman1965 / Adobe Stock
© Nightman1965 / Adobe Stock

Poland's imports of Russian oil last year fell to their lowest level since 2005, a central bank report published on Tuesday showed, though Warsaw's bid to diversify its energy imports also meant paying higher prices.

Russian oil accounted for 76 percent of all oil purchases, down from 96 percent in 2012, as state-run refiners PKN Orlen and Lotos increased their purchases of oil from sources other than Russia.

PKN Orlen signed a long-term agreement on regular oil supplies with Saudi Aramco in 2016 and since then both PKN and Lotos have also purchased oil from Iran and the United States.

But Poland is paying a price for its diversification. While the cost of Russian crude in December averaged $59.70 per barrel, Kazakh oil was $60.20 and U.S. oil $65.60 a barrel, the report said.

Polish refineries rely mostly on Russian oil delivered via pipelines built in the 1960s but last year every third barrel of oil imported was shipped, the report also said.

(Reporting by Agnieszka Barteczko; editing by Jason Neely)

Logistics News

America’s Ports, Harbors, and Waterways: Dredging, Resolve and the Will to Build

America’s Ports, Harbors, and Waterways: Dredging, Resolve and the Will to Build

Sailors’ Society Releases Latest Cadet Report, Highlighting the Digital Seafarer Generation

Sailors’ Society Releases Latest Cadet Report, Highlighting the Digital Seafarer Generation

Japanese Consortium Plans Ammonia Bunkering Operations in Singapore

Japanese Consortium Plans Ammonia Bunkering Operations in Singapore

CK Hutchison Says Panama Missed Arbitration Response Deadline

CK Hutchison Says Panama Missed Arbitration Response Deadline

Subscribe for Maritime Logistics Professional E‑News

Sources: China relaxes BHP iron-ore ban for a week
US airline CEOs call on Congress to resolve the standoff and pay airport security personnel
Iraq claims Kurdish authorities refuse to allow it to send oil through their pipeline