Orlen signs deal with Saudi Aramco

Saudi Aramco and Poland's biggest refiner PKN Orlen signed a contract on Wednesday in which they agreed for Aramco to supply PKN with 50,000 barrels of crude oil per day starting this month, Reuters said. "This agreement marks a strong first-step for Saudi Aramco's entry into the Baltic market, adding value in the key markets of Poland, Lithuania, and the Czech Republic, where PKN Orlen operates refineries," Saudi Aramco's CEO Amin Nasser said in a statement. The contract agreed with Saudi Aramco in May is PKN's first long-term deal with a supplier from the Gulf region.