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Lotos gets first delivery of crude oil from US

November 13/2017

MOSCOW (MRC) -- Polands state-run refiner, Lotos, got its first shipment of crude oil from the United States on Thursday, part of its wider plan to diversify oil supplies and reduce reliance on Russian deliveries, reported Reuters.

The tanker carrying 600,000 bbl of domestic sweet crude, equivalent to around 80,000 t, departed from Freeport, Texas, on Oct. 19 and arrived in the Polish city of Gdansk on Thursday, Lotos said.

As MRC informed before, in early September 2017, Lotos, Polands second biggest oil refiner, said that it had received its first crude oil cargo from Canada. The cargo of 100,000 t, equivalent to almost 700,000 bbl of Canadian Hibernia oil, arrived in Poland on 3 September aboard the Minerva Lisa tanker, Lotos said.

State-run Lotos, like bigger rival PKN Orlen, refines mostly Russian oil but is aiming to diversify its supplies. Currently around 25% of the oil it refines comes from sources other than Russia.
Author:Margaret Volkova
Tags:PP, PE, crude and gaz condensate, propylene, ethylene, petrochemistry, Grupa Lotos SA, PKN Orlen, Canada, Poland, Russia, USA.
Category:General News
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