Petro Rabigh receives notice of fuel price adjustment

Logo of Rabigh Refining and Petrochemical Co. (Petro Rabigh)

Rabigh Refining and Petrochemical Co. (Petro Rabigh)  received an official notice from Saudi Arabian Oil Co. (Saudi Aramco) regarding adjustments to the prices of fuel and feedstock products.

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In a statement to Tadawul, the company said the adjustment will increase the cost of sales /cost of production by 0.73%, as per the last audited annual financial statement, with the impact expected to appear starting from the first quarter of 2025.

 

It indicated that it continues to work on enhancing the efficiency of its operations and developing them in a responsible and sustainable manner, as well as maximizing the benefits of the competitive infrastructure available in the Kingdom to achieve its strategic objectives.

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