Petro Rabigh Shareholders Approve SAR 34.3 bln Deals with Saudi Aramco

Rabigh Refining and Petrochemical Co. (Petro Rabigh) said on Thursday that its shareholders approved business and contract agreements with Saudi Aramco, in which Board members Eng. Ibrahim Qassim Al-Buainain, Eng. Othman Ali Al Ghamdi, and Eng. Hussain A. Al-Qahtani have indirect interests.

The agreements, valued at SAR 34.28 billion, cover the purchase of goods during 2024 and do not include preferential terms, the company said following its Ordinary General Assembly (first meeting).