Monday, 06 July 2020 | 05:39
View by:

PKN’s Polish refinery cuts crude oil purchases from Russia

Monday, 15 April 2019 | 16:00

Poland’s biggest oil firm, PKN Orlen, said it had roughly halved the share of Russian crude refined at its Polish plant in recent years by increasing deliveries from alternative sources.

State-run PKN, whose Polish plant’s crude intake used to be almost exclusively from Russia, started to buy supplies elsewhere a few years ago as part of a plan to reduce reliance on Russian deliveries.

The refinery, in Plock, receives around 1.4 million tonnes of crude per month, 700,000 tonnes of which comes from non-Russian sources, including 300,000 tonnes from Saudi Arabia based on a contract with state oil giant Saudi Aramco.

The refinery also takes crude from Norway, Angola and Nigeria, PKN said in a statement.

In total, PKN’s refineries – in Poland, the Czech Republic and Lithuania – receive 30 percent of their crude oil from outside Russia.
Source: Reuters (Reporting by Agnieszka Barteczko; Editing by Dale Hudson)

    There are no comments available.
    In order to send the form you have to type the displayed code.