Petro Rabigh sees ethane, crude oil shortage

17/09/2019 Argaam

Rabigh Refining and Petrochemical Co. (Petro Rabigh) has witnessed a shortage in ethane and crude oil supplies at 8 percent and 12.5 percent respectively, as of Sep. 14, 2019, the company said in a bourse filing.

“This shortage has no impact on reliability tests,” the statement added.

There is no relevant financial impact at present and Updates will be disclosed later, the statement also stated.

Drone attacks sparked fires at two Saudi Aramco oil facilities in Abqaiq and Hijrat Khurais at 4am on Saturday, Sept. 14, Argaam reported.

A temporary production halt has resulted from the drone attacks, Energy Minister Prince Abdulaziz bin Salman said.


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