Name: Aramco takes a holistic view of the European supply chain
Brand: Wood Mackenzie
SKU: 140726
Price: 900 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Insight 03 February 2022

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It has been a busy start to 2022 for Aramco, who have announced two significant dealings with European players in January. The first, acquiring a 30% stake in the Gdansk refinery, including a 100% stake in the associated wholesale business in Poland. The second, agreeing a crude supply deal with Klesch’s Kalundborg refinery in Denmark. Both deals have clear crude supply implications. However, these deals are not solely focused on crude, but show Aramco’s holistic approach to the European downstream value chain. Using our proprietary tools, we dig deeper into the rationale for this transaction.</div>
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<li class="list__item-toggle font-semibold">
        What is in it for Aramco?
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<li class="list__item-toggle font-semibold">
        What is in it for the respective refinery owners, PKN and Klesch?
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        Key takeaways
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        <li class="list__item push-quarter--bottom">Poland diesel/gasoil demand vs NWE diesel/gasoil demand</li><li class="list__item push-quarter--bottom">Gdansk refinery 2023 NCM outlook</li><li class="list__item push-quarter--bottom">Kalundborg LS vs HS crude slate product yield</li>
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<p class="font-regular" >Aramco takes a holistic view of the European supply chain</p>
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