Polish Refiner wants Long-Term Iran Oil Deal

By John Lee.

State-owned Grupa Lotos, Poland’s second-biggest oil refiner, is reported to be interested in securing a long-term supply deal with Iran.

Having received 2 million barrels of Iranian in August, the company is now in talks to take another 2 million barrels.

Company CEO Marcin Jastrzebski (pictured) told Reuters:

“We are negotiating a supply of heavy oil from Iran … We assume that shipment of two million barrels will reach the port of Gdansk at the beginning of May.”

A long-term contract could be agreed after it finishes construction of a $570-million coking unit at its Gdansk refinery next year.

(Source: Reuters)

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