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Polish ORLEN signed agreement with Shell for crude oil deliveries

January 26/2012

(orlen.pl) -- Polish PKN ORLEN informs that on 23 January 2012 it signed a spot agreement with Shell International Trading and Shipping Company Limited, London, Great Britain (STASCO), for crude oil deliveries to AB ORLEN Lietuva. The estimated net value of the agreement amounts to approximately USD 80 million.

 

The total estimated value of agreements signed between PKN ORLEN and STASCO in the period from 2 September 2011 to 23 January 2012 amounts to approximately USD 634 million.

Agreement dated 5 October 2011 is the agreement with the highest amount from among all agreements concluded between PKN ORLEN and STASCO in the period from 2 September 2011 to 23 January 2012. The estimated value of the agreement amounts to approximately USD 81 million. The agreement was concluded for crude oil deliveries to ORLEN Lietuva.

 

mrcplast.com

Author:Anna Larionova
Tags:oil.
Category:General News
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