GAS receives SAR 24 mln purchase order from SABIC

23/08/2022 Argaam

Logo of Gas Arabian Services Co.

Gas Arabian Services Co. (GAS) received today, Aug. 23, a purchase order worth SAR 24 million, excluding value-added tax, from Saudi Basic Industries Corp. (SABIC), according to a bourse filing.

 

Under the contract, which was signed today, GAS will provide support for Petrokemya plant maintenance service for one year.

 

The positive impact will reflect on its financial statements within a year from the date of receipt of the purchase order, the statement said, adding there are no related parties.

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