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FINANCIAL NEWS
Oman-Al Maha Petroleum takes two deals at OMR91mn
09 Jul 2017
(MENAFN) Al Maha Petroleum Products Co. has bagged two deals at OMR91mn for supplying gas oil to Rural Areas Elect Co. and to build and operate a new fuel station for national transport firm Mwasalat.
Additionally, the first deal, valued at OMR73mn, is for supplying 380mn liters of gas oil to Raeco for a two-year period starting on Sep 1, 2017.
Moreover, the second deal, valued at OMR18mn, is for design, built, operate and keeping a new fuel station for Mwasalat at its headquarters.
The firm has achieved a 20 percent increase in revenue to OMR101.06mn for the Jan-March period of this year, against OMR84.18mn for the same period of 2016.
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