PKN Orlen, Poland’s biggest oil and gas company, has said it will be able to supply the whole of Central and Eastern Europe with oil in the event of a ban on Russian crude oil imports.

The company claims that it is prepared for every scenario. “In the event of a ban on deliveries from Russia, PKN Orlen will maintain a stable supply of crude oil not only to Poland but to the whole of Central and Eastern Europe,” the company said.

According to PKN Orlen, it has not made spot purchases of Russia’s Ural oil since Russia’s war on Ukraine started.

PKN Orlen added that in the last four years it had established and strengthened relations with various global producers of crude oil, and imported and processed 100 different types of this raw material from outside Russia.

The comment is related to the sixth round of sanctions proposed by the European Commission, which is slated to gradually introduce an embargo on the purchase of Russian oil within the next six months.

Only Hungary and Slovakia, which are heavily dependent on Russian supplies of this raw material, will be exempt from the sanctions and will still be able to buy the resource from Russia.

“We now propose a ban on Russian oil. This will be a complete import ban on all Russian oil, seaborne and pipeline, crude and refined,” European Commission President Ursula von der Leyen said during a speech at the European Parliament.

Additionally, three “major Russian banks”, including Sberbank, will be subject to EU sanctions. They will be cut off from the SWIFT system, which is expected to reinforce the isolation of the Russian financial sector. EU also plans to ban three major Russian state broadcasters in EU countries.