PKN Orlen to import 130,000 tonnes of Iranian oil

In mid-April, Polish fuel conglomerate PKN Orlen will receive 130,000 tonnes of oil from Iran which will be processed in the company's refinery in Plock, central Poland, PKN Orlen said in a news release on Wednesday.

The oil shipment has just left the Iranian island of Kharg and is heading towards Poland.

"Diversification is our priority within oil purchases and therefore we are stepping up our activity in this area," the company said in the statement.

"Production tests on previous Iranian oil shipments produced excellent efficiency results, which paves the way for increasing the share of this type of oil in our commodity portfolio," PKN Orlen CEO Daniel Obajtek was quoted as saying in the news release.

The Orlen group's refineries have already processed oil from such alternative locations as Azerbaijan, Iraq, Kazakhstan, Nigeria and Norway, and recently the United States. Currently, Orlen's refineries receive regular oil supplies from Rosneft Oil Company, Tatneft Europe AG and Saudi Arabian Oil Company under long-term contracts.