National Indicative Target – the base level to increase from 8.7% to 8.8% (the reduced indicator for PKN ORLEN is 5.773%)
Capacity market – the ORLEN Group expects comparable (y/y) support for generating unit
The Governmental Anti-Inflation Shield, including reduced excise duty on fuels, exemption from retail tax and reduced VAT on fuels will result in lower fuel prices at service stations, which should stimulate the demand for fuels.
Investing activities of the ORLEN Group
The amount of capital expenditure planned for 2022 is PLN 15.2bn, icnluding PLN 10.7bn development capex and PLN 4.5bn maintenance capex.
The largest expenditure, of PLN 5.1bn, is planned in the Petrochemicals segment, followed by the Refining segment (PLN 4.5bn), Energy (3.9bn), Retail (PLN 1.0bn), and Upstream (PLN 0.3bn).