Lotos signs PLN 3.1 bln deal with PGNiG, plans to expand its gas station network

Lotos has signed a deal with PGNiG for up to PLN 3.1 billion. The contract holds until September 30, 2020, with an option to extend it for another two years, Lotos stated. PGNiG has been supplying natural gas for Lotos since 2010, which the fuel giant uses for oil refinement. Lotos also wants to increase its number of gas stations to 1,000, the company’s CEO Marcin Jastrzębski stated. At the end of Q3 it had 485 stations across the country, mainly outside large cities. “In order to see a sharp increase the number of station, we are considering acquisitions,” Jastrzębski said.