Our hydrocarbon exploration efforts, followed by production operations, form the basis for the manufacturing and sale of basic products from our portfolio. By acquiring new production licenses, we seek to improve our competitive edge. Additionally, involvement in exploration activities allows us to successively extend our production activities.
The LOTOS Group produces crude oil and natural gas from the following sources:
- fields located in Poland: crude oil with minor quantities of associated gas,
- Lithuanian fields – crude oil,
- Norwegian fields – gas and condensate (i.e. light crude), with natural gas predominating in the output mix.
Operations in this segment start with the processing of the extracted hydrocarbons into a semi-finished product ready for further processing. All the activities performed as part of the refining business make up the key phase in the transformation of manufacturing capital, after which we have a marketable product.
The Grupa LOTOS refinery, with the annual processing capacity of approximately 10.5m tonnes of crude oil, is one of the most advanced and youngest refineries in Europe.
Grupa LOTOS sells its products domestically (to international corporations) and abroad (exports by sea and by land), while its subsidiaries make and sell products dedicated to specific industries, including the fuel, lubrication oil and bitumen industries.
The LOTOS Group's products are available throughout Poland and abroad. Our engine oils are sold in 45 countries, and we enjoy the leading position in the Polish market of road bitumens.