Operator Gazociagow Przesylowych GAZ-SYSTEM Sp. z o.o. has concluded an agreement to acquire Operator Systemu Magazynowania Sp. Z O.o. from Orlen S.A..

Operator Gazociagow Przesylowych GAZ-SYSTEM Sp. z o.o. has concluded an agreement to acquire Operator Systemu Magazynowania Sp. Z O.o. from Orlen S.A. (WSE:PKN) on March 15, 2024.

The concluded agreement concerns the disposal of the storage system operator only, while the storage facilities themselves remain the property of Orlen Group. Orlen has entered into an agreement with Gas Storage Poland under which the company manages the capacities of the company's underground gas storage facilities located in Kosakowo, Mogilno, Wierzchowice, Brzeznica, Swarzow, Husow and Strachocina. The acquisition of the shares is conditional on UOKiK's approval of the concentration.

In February, Orlen's EGM gave its approval for the sale of shares in Gas Storage Poland.