Our core business is focused on:
- prospecting and extraction of hydrocarbons,
- processing the crude oil,
- trade in petroleum products,
based on the following processes:
- prospecting,
- extraction,
- production,
- primary logistics,
- secondary logistics and sales,
- petrol station management.
The manner of conducting our business is based on the assumptions of the Value Creation Model. It grew out of thorough, realistic analyzes and long-term forecasts of the global oil market, thanks to which it guarantees stable and safe development in 2017-2022.
Creating values in the whole supply chain of the LOTOS Group is supported by us by:
- pursuit of the efficient use of our assets in the whole value chain
- creating technological innovations that enhance our competitiveness
- processes ensuring safety of people and environment
At the same time, we strive for improving the efficiency by optimizing the refining and logistics processes.
Interactive model with areas of value creation written out.
| REFINING SEGMENT Commitment to process safety, including care for ensuring safety in the immediate vicinity of production plants and in the neighbouring areas. Constant and consistent efforts to mitigate the harmful effects of our operations on the environment. |
MARKETING SEGMENT Products that meet the needs of our customers and trading partners and are a source of revenue supporting company growth and cash-flow generation. Methodical development of the service station chain based on detailed business analyses, without compromising our commitment to top product quality and customer satisfaction. A desirable and reliable partner |
| UPSTREAM SEGMENT Ensuring a balanced and diversified portfolio of upstream assets and building a resource base to ensure long-term business continuity. Ensuring high operational uptime of the wells without compromising any of the stringent safety, environmental or regulatory standards. |
REFINING SEGMENT Building actively our competitive advantage by maximising production efficiency. |
MARKETING SEGMENT Development of auxiliary services. |
| REFINING SEGMENT Developing the employees' know-how and competence by creating an innovation-oriented work culture and continuously motivating employees to look for ways to increase efficiency of their daily work |
| UPSTREAM SEGMENT Ensuring a balanced and diversified portfolio of upstream assets and building a resource base to ensure long-term business continuity. Ensuring high operational uptime of the wells without compromising any of the stringent safety, environmental or regulatory standards. |
REFINING SEGMENT Commitment to process safety, including care for ensuring safety in the immediate vicinity of production plants and in the neighbouring areas. Constant and consistent efforts to mitigate the harmful effects of our operations on the environment. |
• Cooperation with major players in the region (Norway)
• Good knowledge of the Baltic Sea and the Norwegian Continental Shelf geography
• Drilling and production expertise
• Experience and operator status in the Norwegian market
• Work with strong and experienced partners operating globally
• We have modern and technologically advanced process units. Grupa LOTOS operates one of the most modern and youngest refineries in Europe with an annual processing capacity of approximately 10.5m tonnes of crude oil
• Based on the Company’s own estimates, its Nelson Complexity Index is the highest in Poland and one of the highest in Europe
• The technological configuration of the refinery combined with its favourable location enable Grupa LOTOS to flexibly select various types of crude, and thus vary the production volumes for particular finished product groups in line with changes in the domestic demand structure and export opportunities
The LOTOS Group manages a chain of 493 service stations conveniently located throughout the country We are the leader in the promising MSA market − our chain includes 20 stations situated in Motorway Service Areas by the A1, A2, A4 and A6 motorways and the S3 and S7 expressways
What is the Value Creation Model for?
Our activity at every link in the value chain, from identification of deposits to making our products and services available to clients, is subordinated to the idea of sustainable development and compliance with the energy security policy.
We are aware of the impact that our activities may have on people, on the natural environment or on the economy. We consciously manage this influence, taking into account the mutual opportunities and risks between our activities and the environment. We invest in the sustainable development of LOTOS and the environment in which we operate, caring for the growth of the company’s value, which will translate into benefits for our stakeholders.
The LOTOS Group operates in three business segments, building a full value creation chain – from exploration to the sale of finished products.
|
Crude oil and natural gas exploration and production
Upstream segment Value creation
implemented through the stage of "exploration and extraction of crude oil and gas" in the mining segment |
Refining operations
Refining segment Adding value
implemented through the "production and trade" stage in the refining and trading segments, |
Sales and logistics
Marketing segment Getting a return on investments, i.e. "Cashing"
implemented through the „sales and logistics” phase in the commercial segment. |
Covers activity in the field of acquisition and exploitation of oil and gas. The implementation of activities in the area of prospecting and, later also extraction, provides the company with the possibility of diversifying revenues and optimizing the total margin in its operations, at the same time reducing the dependence on business cycles in individual market segments. Acquiring new mining concessions is an element of building a competitive advantage.
Activity in this segment begins with the conversion of extracted hydrocarbons into an intermediate ready for further processes. These activities are one of the key moments in the transformation of production capital, after which the company has a ready-for-sale product. Grupa LOTOS S.A. owns one of the most modern and youngest refineries in Europe with processing capacity of approximately 10.5 million tonnes of crude oil per year.
The LOTOS Group in engaged in commercial activity in the country, selling products to foreign concerns, and exporting by sea and land. The companies of the Group produce and sell products in such branches like: fuel, oil and bitumen. The LOTOS Group's products are available throughout Poland and abroad. The company has a leading position on the domestic market of road bitumens.
