PKN Orlen, the Polish oil refiner, announced that it will increase its monthly imports of crude oil from Saudi Aramco to around 400,000 tons, according to Reuters.
It is worth noting that Poland has been receiving oil from Saudi Aramco since 2016. Thus, boosting their crude oil purchases by 100,000 tons, from 300,000 tons to 400,000 tons, comes as a part of the company’s strategy to diversify supply.
“This is another step on the way to secure work of our installations within the group and to increase Poland’s energy security,” PKN Orlen CEO, Daniel Obajtek, said in a statement.
Furthermore, PKN Orlen pointed out that the Arabian Light crude will be refined in its facilities in Poland, Lithuania, and the Czech Republic.