Russia's share in Poland's crude imports drops to 61.5 pct in 2019

Russia's share in Poland's crude oil imports fell to 61.5 pct in 2019 from 68 percent in 2018, according to information by the National Bank of Poland (NBP).

The bank noted that the drop was the result of the continuation of Poland's policy aimed at further diversification in oil supplies. Smaller imports from Russia were an effect of a February 2019 contract signed by Poland's PKN Orlen fuel concern and Russia's Rosnieft Oil Company, the bank wrote.

The NBP wrote that Poland's oil imports from Saudi Arabia grew from 2.0 million tonnes in 2018 to 3.8 million tonnes in 2019. in 2018). Imports from that country accounted for 14.7 percent of crude imported to Polish refineries.

Compared to 2018, the volume of crude imported from Kazakhstan has decreased. Deliveries from this country accounted for 10.4 percent of all oil imports.

The NBP wrote that last year Nigeria has joined the group of key crude suppliers to Poland. Imports of Bonny Light oil from that country in 2019 closed at 1.2 million tonnes.

According to NBP data, in 2019 Polish refineries also imported oil from the United States, Norway and Angola.