Gulf Oil and Gas accountACCOUNT

S-Oil Sells $1.8B Worth of Diesel, Naphtha to Saudi Aramco's Trading Arm

Source: Reuters 1/31/2018, Location: Middle East

Share |
S-Oil Corp, South Korea’s third-biggest refiner, has signed a contract to sell a total of 1.944 trillion won ($1.82 billion) of oil products including diesel and naphtha to Saudi Aramco’s trading arm.

S-Oil, whose main shareholder is Saudi Aramco, said in a stock exchange filing that it will supply up to 25 million barrels of light sulphur diesel, up to 14 million barrels of light naphtha and up to 7 million barrels of jet fuel to Saudi Aramco Products Trading Co under the contract, valid between Jan. 1 and Dec. 31, 2018.

Oil News in Saudi Arabia >>

Saudi Arabia >>  11/7/2018 - Chinese oil major PetroChina inked 2019 annual crude supply deals with state-owned producers Saudi Aramco and Kuwait Petroleum Corp on Wednesday at a ...
Iran >>  10/29/2018 - Iran has started direct sales of oil to domestic and international buyers through its energy bourse in what appears to be a landmark strategy to dodge...

Iraq >>  10/26/2018 - Iraq will stop trucking crude from its northern Kirkuk oilfield to Iran in November to comply with sanctions imposed on its neighbor by the United Sta...
United Arab Emirates >>  10/26/2018 - The Abu Dhabi National Oil Company (ADNOC) is expected to fill up storage tanks that it has contracted from the Indian government in the first week of...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 

Saudi Arabia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 |

More News


Oil & Gas Companies in Saudi Arabia >>

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.