Government wants more power over oil companies

The document will probably be approved by the government this week. The main goals of the program are not surprising. The Ministry wants to find new oil supplies and to expand the oil infrastructure and undertake necessary action to secure national energy security. What is surprising, is that the document also assumes an increased role of the government in relation to the biggest oil companies. The present government not only wants to suspend privatization plans around oil companies but also envisages increase control over the capital of PKN Orlen and Lotos. The Treasury currently has a 27.5% stake in Orlen and 59% in Lotos.(Puls Biznesu p. 4) M.M.