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EU: Merger of Poland’s two biggest refineries worries BP

By  |  September 5, 2018

According to Reuters, the planned merger of Poland’s two largest refiners—PKN Orlen and Grupa Lotos—could restrict competition in the east European country, energy rival BP claimed in a statement on Wednesday, September 5.

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    The London-based oil and gas company has not filed any official complaint with Polish or European Union authorities, but will consider its options in the future, a company spokeswoman said.

    “If this merger were to go ahead, 95% of the (country’s supply and infrastructure) market would be controlled by two companies,” the BP statement claimed.

    “We believe that a competitive market is in the best interest of Polish consumers and that this merger could restrict that competition unless there is a guaranteed competitive cost of supply and infrastructure access.”

    Full Content: Reuters

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