ARAMCO supplies 50m cubic feet daily of methane to Petro Rabigh

15/12/2013 Argaam

Petro Rabigh announced today on tadawul reaching an agreement regarding supplying petro Rabigh with 50m cubic feets daily of methane or its equivalent by ARAMCO.

The parties involved are:

  • Petro Rabigh
  • Saudi Aramco
  • Sumitomo chemical company

 As part of the agreement, Saudi ARAMCO and Sumitomo chemical committed to cutting all petro Rabigh's products' marketing commissions by 33% as well as cancelling local markets marketing commissions.

As for global marketing; it's agreed to be handled by founding shareholders.

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