Further to what was announced in Tadawul on 15/12/2013; Petro Rabigh announced today that the parties of the agreement will incur the costs of the arrangements.
The Company also stated that it will submit a request for the allocation of a daily amount of 50m cubic feet of methane.
This clarification will not affect the agreement's expected SAR 1bn net income this year and SAR 1.3bn per annum for the remaining period of the Convention.
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