Saudi Aramco buys big
Saudi Arabia 
SEOUL, January 6, 2017 – Saudi Aramco Products Trading Company has agreed to purchase diesel, naphtha and jet fuel from South Korea’s S-Oil, the latter said on Thursday.
Under the agreement, which covers the entirety of 2017, S-Oil will sell as many as 28 million barrels of diesel, 8 million barrels of naphtha and 2 million barrels of jet fuel. The deal with its largest shareholder is valued at USD 1 billion.
Read our latest insights on:
More content from Saudi Arabia
Latest news and features
Sign up to receive our newsletter and energy event alerts and receive free access to The Oil & Gas Year Nigeria 2020