Lundin executives Ian Lundin and Alex Schneiter face the prospect of lengthy prison sentences, while Orrön Energy risks a multi-billion kronor financial blow. However, should the company prevail in this historic trial regarding suspected complicity in grave war crimes, it will demand up to 1 billion SEK from the Swedish state. This is according to information obtained by EFN, based in part on statements from Orrön Energy CEO Daniel Fitzgerald.

On Tuesday, the six prosecutors began their closing arguments in the landmark Lundin indictment at the Stockholm District Court. Ian Lundin and former Lundin director Alex Schneiter stand accused of aiding and abetting gross crimes against international law in southern Sudan between 1999 and 2003, during the period when the then-named Lundin Oil was conducting oil exploration.

This marks the final phase of Sweden's largest trial to date, which has been ongoing since September 2023. The final day of proceedings is scheduled for May 28, with the company's closing arguments set to conclude the trial. The preliminary investigation originally commenced in 2010.

"We will demand every krona to which we are entitled, and we will present this to the court during the closing arguments," Daniel Fitzgerald stated in February.

Between 2022 and 2025, Orrön Energy spent an average of 76 million SEK per year on the legal case, according to the company's annual reports. Calculated over a 10 to 12-year period, this amounts to between 760 and 912 million SEK. According to EFN's findings, the total costs for the company are expected to approach the higher end of that range, reaching nearly one billion kronor, given the protracted nature of the investigation.

Following several corporate restructurings, Lundin Oil is today known as Orrön Energy. The Lundin family controls one-third of Orrön Energy.