GAS Arabian Signs SR75.4 mln Contract for Gas Network Supply for Plascim Area

GAS Arabian Services Company announced on Sunday the signing of contract for supply and construction of a gas network for the Plascim area with Royal Commission for Jubail and Yanbu.

It added that the contract value is SR75,425,278. The contract duration is 3 years.

It also added that the financial impact on the company’s financial statements will appear starting from the first half of the next year 2023.

The contract was awarded on 11.01.2022 (before the listing).