SIPCHEM
2310
0.93%
32.55
0.30
2310
SAUDI ARAMCO
2222
-1.68%
29.30
-0.50
2222
Riyadh – Mubasher: Sahara International Petrochemical Company (Sipchem) announced the safe start of supplying hydrogen gas to Saudi Aramco Jubail Refining Company (SASREF), according to a bourse filing on Monday.
This comes under the framework of a sales gas supply agreement signed between Sipchem and both Saudi Arabian Oil Company (Aramco) and Saudi Aramco Jubail Refining Company (SASREF).
The agreement had been signed on 9 June 2019.
Sipchem noted that the financial impact of this agreement will reflect on its income statements for the fourth quarter (Q4) of 2021.
Source:
Mubasher