Orlen buys-back crude oil supplies for over PLN 2.5 bln
10:15
Poland's largest refiner PKN Orlen bought-back crude oil supplies from Cranbell for some PLN 2.67 billion, before the deadline enclosed in a contract, the Polish Press Agency reported.The supplies were sold in June last year.
"Good situation about the liquidity of the company and a low level of its debt, among others," were key factors which influenced the decision about early buy-back, Słąwomir Jędrzejszyk, the Deputy CEO at Orlen pointed out.
The contract was valid until January 2016.