Lotos to purchase Saudi Arabian oil

Grupa Lotos is considering signing a contract for delivery of crude oil from Saudi Arabia next year, its CEO Paweł Olechnowicz told the media. The company has been in talks, and the final decision may be made still this year. According to olechnowicz, Saudi Arabian oil may account for some 10 percent of the supplies. Olechnowicz told the media in mid-October that the company was eyeing new directions. "We are interested in refining any oil, including Saudi and Iranian oil. ... Diversification allows for the greater safety of the company."