Public Company ORLEN Lietuva sales were 13% higher in first quarter of 2025

13-06-2025  

Biggest taxpayer in Lithuania Public Company ORLEN Lietuva received 1.519 billion USD revenue in first quarter of 2025 – 2% less than in same period last year, as prices of fuel products in world markets were lower, while sales volume was higher by 13%.

Compared to the same period last year, seaborne sales increased by 11% while inland sales, where ORLEN Lietuva operates as a stable energy supplier, were up by 14%.  However, this result reflects mostly export of products as sales in Lithuanian market were 15% lower.

„Despite a difficult macroeconomic environment, ORLEN Lietuva continued its role as a stable fuels supply to various businesses and private customers in the region. We continue our efforts to stay operationally efficient and competitive in world fuels markets. And I can confirm that our 1 billion Euro investment in Bottom of the Barrel installation in near future will place our refinery among the most efficient ones in Europe“, – said ORLEN Lietuva CEO Zbigniew Paszkowicz.

Company owned refinery in Mažeikiai processed 2.4 million tons of feedstock – 365 thousand tons more than in first three months of last year and operated at 92.8% capacity utilization level as planned Spring slowdown was performed in second quarter of this year – a month later than last year. This resulted in higher throughput of crude oil, higher sales and various other indicators when compared to first quarter of 2024.

Unfavorable macro-economic scenario resulted in a negative net result of -28.7 million USD for 1st quarter of 2025 – it was positive 58.0 million USD same period last year.

Work continues in one of the biggest construction sites in Lithuania where 23 football-field-sized hydrocracker installation, also called Bottom of the Barrel, is being built. This investment will allow more and higher value-added products to be produced from the same amount of raw material, reducing or all together eliminating production of fuel oil.

ORLEN Lietuva has been the largest taxpayer in the country for a number of years and is a very important part of the Lithuanian economy. Since 2006, for acquisition and modernization of refinery in Mažeikiai ORLEN has invested almost 4.5 billion Euro. In addition, ORLEN Lietuva operates the crucial Būtingė terminal in Lithuania, the main port for feedstock supplies. Several years ago, the company acquired and is currently modernizing the Mockava railway terminal, an important transshipment station for the smooth export of products to Poland and Ukraine.

ORLEN Group is an integrated, diversified energy group, included in the prestigious Fortune Global 500 and Platts TOP250 lists. It was the first group in the region to announce its ambition to achieve climate neutrality targets in 2050. It has recently joined the list of the 150 largest companies in the world thanks to the completion of a number of recent mergers and acquisitions. ORLEN Group today operates in 10 markets: Poland, Czech Republic, Germany, Lithuania, Slovakia, Hungary, Austria, Canada, Norway and Pakistan.

ORLEN Lietuva inf.

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