PKN Orlen will import more oil from Saudi Arabia

PKN Orlen signed an annex to the agreement with Saudi Aramco for an increase of oil supply for at least 100,000 metric tonnes per month. As a result, more than 20 percent of raw material supplied to PKN Orlen refineries will come from Saudi Arabia. Under the new conditions, the contract with Saudi Aramco will be valid from May 1 to December 31, 2018, with the possibility of extension to subsequent years. PKN Orlen Group refineries will receive about 300,000 tonnes of oil from the Persian Gulf every month. PKN Orlen plans to use Saudi Arabia oil for its refineries in Poland, the Czech Republic, and Lithuania, the company said.