PKN ORLEN Signed Agreement with STASCO for Crude Deliveries
OREANDA-NEWS. January 31, 2012. PKN ORLEN signed a spot agreement with Shell International Trading and Shipping Company Limited, London, Great Britain (STASCO), for crude oil deliveries to AB ORLEN Lietuva, reported the press-centre of ORLEN Lietuva.
The estimated net value of the agreement amounts to approximately USD 80 million (i.e. approximately LTL 205.6 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 (i.e. approximately LTL 1.686 billion).
PKN ORLEN S.A. owns 100 per cent of ORLEN Lietuva shares.
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