Neft Alsharq signs SAR 12M contract to supply engine oils to Ethiopia

26/08/2024 Argaam
Logo ofNeft Alsharq Company for Chemical Industries

Logo of Neft Alsharq Company for Chemical Industries

Neft Alsharq Company for Chemical Industries signed on Aug. 25 a contract with Abdulaziz Ali Import and Export Corporation to supply engine oils to Ethiopia.

 

The deal is worth $3.2 million (SAR 12 million), Neft Alsharq said in a statement to Tadawul.

 

For more news on listed companies

 

The one-year contract does not include any related parties, the statement added.

 

Neft Alsharq expects a positive impact on the company's financial results for 2024 and 2025.

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