| Announcement Detail |
Rabigh Refining and Petrochemical (Petro Rabigh) would like to announce receiving an official notification from Saudi Arabian oil company (Saudi Aramco) to increase the feedstock prices and fuel oil effective January 1, 2024. The expected financial impact of the feedstock prices increase is estimated to approximately 0.9 % of the company's annual cost of sales according to the latest audited annual financial statements. This impact will appear starting from the first quarter of the fiscal year 2024. |
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