Lotos hopes to sign long-term oil contract with Kuwait

This is the second shipment of the resource to Poland and according to representatives of Lotos, it is not the final stage of cooperation. Several employees of the Polish company stayed in Kuwait in order to negotiate a long-term contract for the supply of oil. Such a contract would allow Lotos to change the current situation were 95% of the demand in Poland is satisfied by oil from Russia. "The negotiations with the Kuwait Petroleum Corporation require time and patience. The Arab partner has to be convinced that we are a reliable partner," said Grupa Lotos president, Pawel Olechnowicz. The Kuwait Petroleum Corporation is one of the largest oil producers in the region. (Puls Biznesu, p. 9) A.K.