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English Section

Saudi oil to replace Russian supplies in Poland: report

19.01.2022 14:30
Poland could soon be importing two-thirds of its oil from Saudi Arabia, while markedly reducing deliveries from Russia, a business website has reported, citing an analysis by the Reuters news agency.
Poland could soon be importing two-thirds of its oil from Saudi Arabia, notably reducing deliveries from Russia, according to reports.
Poland could soon be importing two-thirds of its oil from Saudi Arabia, notably reducing deliveries from Russia, according to reports.Photo: Pixabay

Poland’s northern Gdańsk refinery has a daily processing capacity of 210 million barrels of oil, while the Płock site in central Poland processes 270 million barrels a day, Reuters has estimated, according to the biznesalert.pl website.

After Poland’s biggest oil refiner PLN Orlen agreed a contract with the Saudi Aramco corporation for the supply of 200,000 to 337,000 barrels a day, Saudi deliveries are set to rise by three to five times, meeting 50 to 70 percent of Polish demand for oil, Reuters reported, as cited by biznesalert.pl.

At the moment, some 90,000 barrels of Saudi oil arrive every day at Poland’s Gdańsk oil terminal (TNG). Meanwhile, Russia provides 142,000 barrels a day through the sea route, biznesalert.pl reported, citing Reuters.

At the same time, deliveries through the Soviet-built Druzhba/Friendship pipeline are falling, according to figures quoted by biznesalert.pl.

In mid-2020, Poland was receiving around 500,000 barrels a day via this pipeline. In January last year, the volume fell to just 220,000 barrels a day, the website reported.

This month, around 120,000 barrels of oil a day have been reaching Poland through the Druzhba/Friendship pipeline, it said, quoting Reuters data.

(pm/gs) 

Source: biznesalert.pl