Orlen extends deal with Saudi Aramco

PKN Orlen will continue to acquire oil from Saudi Aramco well into next year, according to a statement by the company’s president. “We are pleased to work with Saudi Aramco, given the current, very good cooperation with the Saudi company, Orlen has decided to extend the contract,” Wojciech Jasiński said in a press statement. The agreement stipulates that the Saudi Arabian energy giant, which pumps out 10 million barrels of oil per day, will supply Orlen’s refineries through to the end of 2017.