Positive atmosphere reigns over a meeting between two oil players

/ Financial News / Thursday, 07 March 2019 07:45

On the sidelines of International Petroleum Week, Sonatrach and Saudi Aramco held a meeting at SPOL headquarters (Saudi Petroleum Overseas Limited) during which various cooperation opportunities were discussed, including sourcing the S-Oil refinery (Korea) in Saharan Blend as well as cooperation opportunities in LPG commercialization and project development opportunities in petrochemicals.

This meeting was an opportunity to sign an amendment to the Arabian Light supply contract of the Augusta’s Refinery between SPOL and Sonatrach Raffineria Italiana.

The signing ceremony was enhanced by the presence of both Abdelmoumen Ould Kaddour, Chairman and Chief Executive Officer of Sonatrach and Amine Nacer, Chairman and CEO of Saudi Aramco.

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