Rabigh Refining and Petrochemical Company (Petro Rabigh) announced on Sunday that it has received a notification from Saudi Arabian Oil Company (Saudi Aramco) regarding amendments to certain feedstock prices. The adjustment is projected to increase the company’s total cost of sales by 0.73%, based on its most recent annual financial statements.
The financial impact of this change will take effect starting from the first quarter of 2025.
Petro Rabigh emphasized its commitment to enhancing operational efficiency, promoting sustainable business practices, and leveraging the Kingdom’s competitive infrastructure to achieve its strategic objectives.
