PKN Orlen comes clean on oil sources and contracts

Petroval, an oil intermediary which has the guarantees of the Russian concern, currently has a contract to deliver three million tones of oil annually to Orlen, with the possibility of increasing this quantity to 5.2 million tones if necessary. However, neither Wróbel nor representatives of Jukos, were able to answer who the shareholders of Petroval actually are. The company is registered in Switzerland, and according to Swiss law, it should have seven shareholders. Wróbel said that despite the fact that the bank accounts of Petroval shareholders were recently seized by the police, this would have no influence over oil deliveries. (Parkiet, p. 3) M.M.