PKN ORLEN cleared to establish Consortium Agreement with Rotch Energy to bid for the Gdansk Refinery

PKN ORLEN announces that following the resolution of Nafta Polska, it can now establish a consortium, subject to conditions, with UK-based Rotch Energy Ltd, in respect of their joint bid for a 75 per cent stake in the Gdansk Refinery, the second largest refinery in Poland. Nafta Polska has also agreed to allow PKN ORLEN to proceed with due diligence at the Gdansk Refinery.