PKN Orlen signs ca. USD 906m supply contract with Wrist group
January 21, 2014
Poland’s fuel group Orlen signed a contract of estimated net value of USD 906 million (ca. PLN 2.77 billion) for the provisions of heavy heating oil to OW Supply & Trading A/S, member of Denmark’s based Wrist group, in the years 2014-2015, PKN Orlen said in a market filing.
The contract was signed on Friday, January 17, Orlen said.
The total estimated value of agreements signed between the Orlen group and Wrist group entities between May 24, 2013 and January 20, 2014 amounts to some PLN 3.94 billion, Orlen also said.