Poland seeks to sign long-term contract to buy oil from Iran

Poland seeks to sign long-term contract to buy oil from Iran

Poland to sign long-term deal to buy oil from Iran According to ISNA, Reuters reports from Warsaw that Lotus’s CEO Martin Jastersbسski, who is the second largest oil refinery in Poland, announced after the completion of one of the new units of the Gdansk refinery next year. , The company will enter into a long-term contract to import oil from Iran.

The state-owned refinery is trying to reduce its dependence on Russia by diversifying its crude oil supply sources. Last year, the company entered into a contract with the National Iranian Oil Company to import the first two million barrels of Iranian oil. The company is currently negotiating to buy another two million barrels of oil from Iran.

“We are in talks to buy a shipment of heavy oil from Iran and expect a shipment of 2 million barrels to arrive in Gdansk at the beginning of May,” Yastersbsky said. Can conclude a long-term contract with Iran.

“The main goal of diversification is to improve (financial) performance, and we are not just looking to change suppliers. In 2016, 75% of Lotus crude oil was imported from Russia,” he said.