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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.

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