Riyadh – Mubasher: Sahara International Petrochemical Co (Sipchem) announced that the shortage seen in the supplies from Saudi Aramco has been showing improvement.

Curtailment dropped from 40% to approximately 20%, with the expectation to reach normal levels by the end of this months, Sipchem cited the Saudi energy ministry, according to a disclosure to the Saudi Stock Exchange (Tadawul) on Thursday.

Sipchem is still working on evaluating the final effects to determine the financial impact of this curtailment from the attack on Saudi Aramco’s facilities over the weekend.

The Tadawul-listed company further noted that any developments in this regard will be disclosed in accordance with the relevant rules and regulations.