Poland to receive almost zero Russian oil in Feb-March, PM says

Poland will cut its oil imports from Russia to close to zero in February-March, Prime Minister Mateusz Morawiecki said on February 28, as Warsaw continues to reduce its dependence on Russia due to the war in Ukraine.

Last March Poland pledged to stop using Russian oil by the end of 2022. At that time Poland's PKN Orlen (PKN.WA) had a long-term contract with Rosneft (ROSN.MM) that expired at the end of 2022 and an agreement with Tatneft (TATN.MM) that ends in 2024, Reuters reports.

"At the beginning of this year imports from Russia decreased to 10 per cent ...and February-March, from the information I get from Orlen, it will be 0 per cent, so a number close to zero," Morawiecki said.

On February 25, Poland's PKN Orlen (PKN.WA) said Russia had halted supplies of oil to Poland via the Druzhba pipeline, but said it would tap other sources to plug the gap.