PERN – Oil Pipeline Operation Company is a leading company for oil transportation and strategic company for energy security storage in Poland. Taking into account current market conditions, a company has adopted ambitious investment plans which foresee spending of PLN 500 mln (EUR 125 mln) on new investments in the oil sector, which doubles last year investment rate. Overall, PERN plans to spend on development of its infrastructure between 2018-2022 approximately PLN 2.7 bln (EUR 700 mln).
Main investments scheduled for that time frame are:
- The second line of the “Pomeranian pipeline” - Płock-Gdańsk route. This pipeline would allow to deepen diversification and better separation of the quality of different types of oil. This project is a candidate to the 4th list of projects of common interest (PCI).
- New storage tanks – plans to build 7 new tanks at the Gdańsk Oil Terminal and at the oil base in Gdańsk. In total, the storage capacity for crude oil will increase by almost 600,000. m³, to the level of 4.1 million m³. This project is a candidate to the 4th list of projects of common interest (PCI).
- PERN will also build a fuel pipeline from PERN Fuel Depot in Boronów to the PKN Orlen base in Trzebinia (length approx. 100 km) and will increase the capacity of the fuel pipeline for supplying Warsaw agglomeration.
Development of infrastructure has a key importance for the possible diversification of oil supply allowing to absorb supply shocks. Recent oil import crisis – contamination of Russian oil by organic chloride which caused a disruption in supplies confirms the necessity of further activities aiming at diversification and enhancement of storage projects.
Source: www.pern.pl