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BP and Orlen Reach Crude Supply Agreement for Polish Ports
BPBP(BP) ZACKS·2024-08-20 12:36

BP plc (BP) has entered into a significant agreement with Orlen, a Polish refiner, to supply 6 million metric tons (MMt) of crude oil from the North Sea over the next year. This volume, equivalent to around 150,000 barrels per day, should be able to meet 15% of Orlen's annual feedstock requirements. The first deliveries under this contract are scheduled to begin in September, with crude oil cargoes arriving at the Polish port of Gdansk and the Lithuanian port of Butinge. Diversifying Orlen's Feedstock Portf ...