Energobaltic are a limited liability Company established on 10th September 1997. On 11th May 2001 the Company was entered into the Register of Entrepreneurs of the National Court Register under No. KRS 0000011924. The Company is a member of LOTOS Petrobaltic Capital Group.
100% of the Company shares in the initial capital are owned by LOTOS Petrobaltic S.A.
The Company are running their manufacturing and trading business on the basis of the licenses issued by the President of Energy Regulatory Office in 2002. These licenses include:
- transmission and distribution of heat
- heat generation
- electric power generation
- production of liquid fuels
The basic field of business of Energobaltic Sp. z o.o. is the production and sale of LPG (propane butane mixture), natural gas condensate and electrical and heat energy. These mentioned products are the effect of the handling of gas produced during the oil mining process in the Baltic Sea in a sea oil mine.
The heat produced in the heat power plant is directed to the local market, to some individual and institutional customers. The electrical energy is sold to the power supplier. The gas products, LPG and KGN, are sold on the basis of contracts signed with LOTOS Group.