FINANCIAL NEWS

Saudi Aramco and Total to ship refined products

28 Sep 2013

(MENAFN) Saudi Aramco has made a joint deal with Total to ship refined products from the complex of Jubail in Saudi Arabia, according to Arab News.

Saudi Aramco owns 62.5 percent of the deal, while Total owns 37.5 percent.

The first heavy-fuel oil shipment from Jubail oil terminal was by Saudi Aramco on September 23.

The second shipment will be of diesel by Total, and is scheduled to be on the end of the current month.

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