Lotos starts initial production from new deposit
13:43
LOTOS Petrobaltic, a subsdiary of LOTOS has launched initial production from B8 on the Baltic Sea, a company press release read.
B8 deposit has production potential at the level of 3.5 mln tons of oil, while average annual production is estimated at 250k tons.
When commerical production starts, the B8 exploration center will be Poland's third largest crude oil mine, Lotos said.
