Orlen has reduced the share of Russian oil at Plotsk oil refinery to 50%

15.04.2019 y. News

Concern PKN Orlen (Poland) has reduced purchases of Russian oil for the Polish refinery in Plock, to 50% of its load, according to the company’s announcement.

“Every month, about 1,4 million tons of crude oil are supplied to the Plotsky Refinery, of which about 700 thousand T are on average on alternative routes, including from Saudi Arabia,” the report said.

The first long-term oil supply contract between Orlen and Saudi Aramco was signed in 2016. In 2018, the Polish concern imported 3.5 million tons of raw material from Saudi Arabia (approximately 300 thousand T per month). “The just-signed deal will allow Orlen Group to purchase an additional 800 thousand T of Saudi oil, which means that the volume of imported Saudi oil will increase to about 400 thousand tons a month,” the company said.

Earlier it was noted that according to the new Orlen contract with Rosneft Oil Company, the annual deliveries of oil to PNKP in Plock in the period 2019-2021 amounted to 5.4 to 6.6 million tons. The preliminary contract for 2016-2019 provided for the annual supply from 6 to 8.4 million tons.

All Orlen reduced purchases of Russian oil by 30%, replacing supplies from alternative sources – Saudi Arabia, Norway, Nigeria and Angola.

If in 2007-2013 Russia accounted for more than 90% of the oil imports of PKN Orlen, then its share has now dropped to 70%.

“Thanks to Orlen’s policy of diversifying supply lines, currently 30% of crude oil is being processed at all refineries (Poland, Lithuania, Czech Republic), comes from Russia,” the report said.

PKN Orlen is one of the largest refineries in Central Europe. It manages six refineries: Poland (3), Czech Republic (2) and Lithuania (1), including the ultra-modern refinery in Plotsk (capacity 16.3 million tons). The total processing capacity is 35.2 million tons. PKN Orlen also manages a network of 2803 gas stations: 1787 in Poland, 582 in Germany, 409 in the Czech Republic and 25 in Lithuania. The Group is one of the largest suppliers of petroleum products to Ukraine.

Orlen Lietuva includes the Mazeikiai oil refinery with a capacity of 10.2 million tons / year, the Buting and Birzha oil terminals, as well as the Mazeikiu petroleum trading house (“Mazeikiu nafta”), Orlen Latvija, Orlen Eesti and a number of other companies.

Announces: enkorr


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