Polish oil company AB Orlen Lietuva, has bought UAB Mockavos Terminals

A subsidiary of Polish oil company Orlen, AB Orlen Lietuva, has bought UAB Mockavos Terminals. Mockavos Terminals is the only liquid products loading terminal on the Lithuania-Poland border.

The AB Orlen Lietuva president, Daniel Obajtek, said: “Acquiring the terminal will enhance the security and ensure stable supplies of products to Poland, benefitting the company and the economies of both Poland and Lithuania.

“A project of strategic significance to the future of AB Orlen Lietuva has been accomplished successfully. Up until now, we have been using the services of Mockava Terminal under a cooperation agreement. 

“Taking over the control of the terminal will allow us to save considerable funds and increase business flexibility as well as independence. Eventually, we will have the possibility to implement ambitious terminal development plans.”

The Mockava terminal has a storage capacity of 20,000 m3 for distillates, biodiesel, gasoline and petrochemicals, and a loading capacity of 1.2 million tpa. The terminal was built in 2017 on a 40 ha plot. 

The terminal can also reload liquid products from Russian railway gauge to European gauge, making it the only terminal available for direct transhipment of liquid oil and chemical products from Russia and the Baltic states to western European countries within the EU. 

For more information visit www.orlen.pl

18th June 2021