We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
PolandAccess.pl
SEARCH
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » February 4, 2013
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
PKN Orlen to receive USD 15bn supply of REBCO oil
February 4, 2013   
Article's tools:
Print

PKN Orlen fuel group signed an estimated USD 15 billion deal for supplies of REBCO (Russian Export Blend Crude Oil) from Russia's Rosneft Oil Company for 2013-2016, PKN Orlen said in a market filing.

PKN Orlen will receive about 6 million tons of REBCO oil a year between February 1, 2013, and January 31, 2016, the filing read.

The supplies are to be made via the Druzhba pipeline or, in certain cases, by sea.

Thanks to the contract Orlen will have 80% of oil supplies covered by long-term contracts, the company said in a press statement.

"We secured almost 80% of supplies with long-term contracts," CEO Jacek Krawiec said as quoted in the statement.
© The Warsaw Voice 2010-2012