Saudi Aramco Trading signs supply deal with Poland’s leading oil refiner

Aramco Trading, a subsidary of Saudi Aramco, has signed an agreement for the supply of Arabian Crude Oil to Poland’s leading refiner, PKN Orlen, in exchange for a similar volume of high sulfur fuel oil from the refiner.

Saudi Aramco said on its website the agreement showed the company’s strategy to place set volumes of crude oil across different geographies, maintaining a balance between third party customers and affiliated outlets.