Poland’s biggest oil refiner PKN Orlen receives oil from Saudi Aramco as scheduled and shipments with September and October delivery dates are on their way, CEO Daniel Obajtek said on Friday.
PKN Orlen has a long-term deal with Saudi Aramco on deliveries of 300,000 tons of crude per month.
It was also supposed to receive up to 800,000 tons of crude oil from Saudi Aramco Products Trading company in six spot deliveries between May and October.
“Oil deliveries from Saudi Aramco scheduled for September are on their way in line with schedule. Also, there are no delays when it comes to October supplies - they are coming in line with our orders,” Obajtek told reporters.
“We are in constant contact with Saudi Aramco and we receive [from them] 400,000 tons of oil per month. I say it again - supplies are not threatened,” the CEO added.
Earlier this month PKN Orlen said that despite attacks on Saudi Arabian oil facilities, supplies to its refineries are secure due to its diversified sourcing and it did not expect near-term fuel prices in Poland to rise.
-
Saudi Arabia oil supply returns to pre-attack levels, says energy minister
Saudi Arabia has returned its oil supplies to levels comparable prior to Saturday’s attacks on the Kingdom’s oil installations, the ... Energy -
Saudi Aramco confident full output from Khurais to resume by end of Sept
Saudi Aramco is confident full production will resume by the end of September from Khurais, one of two oil sites attacked about a week ago, a company ... Energy -
Saudi Tadawul expected to be ‘main market’ for Aramco IPO, says regulator
The Saudi Stock Exchange (Tadawul) is expected to be the main market for Saudi Aramco’s upcoming listing, Capital Market Authority (CMA) ... Financial Markets