Almuneef signs fuel transportation contract with SPPC

01/06/2025 Argaam
Logo ofAlmuneef Co. for Trade, Industry, Agriculture and Contracting

Logo of Almuneef Co. for Trade, Industry, Agriculture and Contracting 

Almuneef Co. for Trade, Industry, Agriculture and Contracting signed a temporary contract for the management of fuel transport and logistics services with Saudi Power Procurement Co. (SPPC), the principal off-taker for power projects in the kingdom.

 

For more news on listed companies

 

In a statement to Tadawul, the company said that the value of the six-month contract is subject to change based on unit prices.

 

The contract covers transporting fuel from Saudi Aramco’s loading centers and filling platforms at the Electricity Co. to Saudi Electricity Co. stations, facilities and independent generation plants as per the work scope.

 

The financial impact of the contract will materialize in Q3 and Q4 2025, the statement said, noting that there are no related parties in the deal.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.