Vopak still at loggerheads with Orlen over ZOL

Its decision is conditioned on reaching agreement with PKN Orlen concerning the creation of the so-called integrated logistics operator (ZOL). "Vopak insists that for ZOL to be economically viable it would have to have 12 fuel dumps, while the Płock-based concern insists the number should be between 17-21," said a person close to negotiations. He added that Orlen's option would result in growing operating costs which would mean it would no longer be competitive. "Vopak's scenario envisages restructuring costs amounting to zł.250 million, while Orlen's about zł.500 million," claimed the informer. Deciding on the number of fuel dumps would also influence the final value of Naftobazy. (Puls Biznesu, pp. 1, 5) M.M.