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PKN buys oil from Angola to diversify supplies

December 06/2018

MOSCOW (MRC) -- Polands biggest oil refiner PKN Orlen will receive a shipment of 130,000 tonnes of crude from Angola in February 2019 as part of a wider plan to reduce reliance on Russian supplies, said Hydrocarbonprocessing.

In October, PKN Orlen receive its first ever shipment of Nigerian crude oil.

As MRC informed earlier, PKN Orlen S.A. informs that on 30 November 2018 it submitted to the European Commission a draft notification for concentration ("Notification"), together with the draft outline of remedies areas, regarding the planned taking capital control over Grupa Lotos S.A. headquartered in Gdansk ("Grupa Lotos") by PKN Orlen S.A. ("Transaction"). Notification, submitted today by the Company, initiates the process of the arrangement of its final version with the European Commission. After submitting the final notification by the Company, the European Commission will formally start the concentration investigation.
Author:Anna Larionova
Tags:petroleum products, petrochemistry, PKN Orlen.
Category:General News
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