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[size=36]Aramco Trading signs an agreement to purchase Kuwaiti crude oil[/size]
Economy | 10:33 - 02/19/2020
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Follow-up - Mawazine News
Three well-informed sources said that Saudi Aramco Petroleum Products Trading Company (Aramco Trading) signed its first agreement with the Kuwait National Petroleum Company to purchase Kuwaiti crude oil in 2020 for its refineries.
The sources added that the commercial arm of Saudi Aramco, the world's largest oil export company, will start transporting Kuwaiti oil intended for export this year, a type that can be processed at Aramco-owned refineries in Asia. It was not immediately known how much oil would be transported under the contract.
One of the sources said that Aramco Trading will determine the rate that will be transferred every month. Ended / 29 / p
The sources added that the commercial arm of Saudi Aramco, the world's largest oil export company, will start transporting Kuwaiti oil intended for export this year, a type that can be processed at Aramco-owned refineries in Asia. It was not immediately known how much oil would be transported under the contract.
One of the sources said that Aramco Trading will determine the rate that will be transferred every month. Ended / 29 / p
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