Polski Koncern Naftowy Orlen Signs $82.0 Million Deal With Glencore

LONDON — Polski Koncern Naftowy ORLEN S.A. , announced Tuesday it has signed an $82.0 million spot agreement with Glencore Energy U.K. Ltd. , for crude oil deliveries to AB ORLEN Lietuva.

MAIN FACTS:

-The total estimated value of agreements signed between PKN ORLEN and Glencore in the period between December 24, 2010 to July 12, 2011 amounts to $740 million.

-Shares at 1600 GMT up 12.9 pence, or 0.5%, at 2412.9 pence.

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