Oil Economy Focus Rapid Review
Polish oil refiner PKN Orlen expects to receive a first ever shipment of Nigerian crude oil as Poland seeks to reduce its reliance on Russian supplies. “Nigeria is our new source of supplies we are exploring…” said PKN’s Chief Executive Daniel Obajtek. He added that “There are also tankers sailing to us from other new directions, but at this stage it is too early to talk about it. We are holding discussions on medium- and long-term oil supply contracts with a number of parties, including US partners.” Oil supplies from Russia account for around 70 percent of all oil deliveries to PKN, down from around 90 percent in 2015.
LINK TO THE SOURCE ARTICLE: Poland: “Further oil supplies from Nigeria will be a viable option”
