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SIPCHEM
2310
-12.60%
28.45
-4.10
2310
SAUDI ARAMCO
2222
-4.44%
28.00
-1.30
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