Poland's Refiner PKN to Buy More Crude Oil from Saudi Aramco
03.25.2019 By Ricardo Perez - NEWS

March 25, 2019 [Reuters] – Poland’s biggest refiner PKN Orlen will receive up to 800,000 tonnes of crude oil from Saudi Aramco Products Trading company in six spot deliveries between May and October as part of its supply diversification plan, PKN said on Friday.

 

On top of the crude oil delivery deal, the Saudi company agreed to buy heavy heating oil from PKN’s unit in Lithuania.

We test various supply options and at the same time build strategic partnership with the supplier from Saudi Arabia,” PKN Orlen Chief Executive Daniel Obajtek was quoted as saying in a statement.

PKN Orlen, which buys most of the oil it refines from Russia via pipelines, has taken steps to reduce the reliance. It already has a long-term deal with Saudi Aramco on deliveries of 300,000 tonnes of crude per month.

Currently, around 30 percent of oil refined at PKN comes from sources other than Russia.

—————————-

Get a 30-Days Free Trial to Access Insightful Data on 4,800 Tank Terminals.

Hengli Petrochemical Establishes a Trading Subsidiary in Dubai as Part of Expansion
02.09.2026 - NEWS
February 09, 2026 [Offshore Engineer]- Hengli Group, the parent company of China’s Hengli P... Read More
Romania Lines Up €1 Billion Battery Storage Build After Government Deal
02.09.2026 - NEWS
February 09, 2026 [Oil Price]- Privately held MASS Group Holding plans to invest more than €1 b... Read More
RWE Explores Buying LNG from ADNOC as Germany Moves to Diversify Supply
02.09.2026 - NEWS
February 09, 2026 [Reuters]- RWE signed a provisional agreement on Friday with Abu Dhabi National... Read More
Greek Joint Venture Seeks 20-Year US LNG Deal to Strengthen Southern Europe’s Gas Supply
02.09.2026 - NEWS
February 09, 2026 [Reuters]- Atlantic Sea LNG Trade, a joint venture between Greece’s gas s... Read More