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  • 03-03-18

    Egypt agrees with Saudi Aramco for six-month oil supply deal

    (MENAFN) Egyptian Ministry of Petroleum was declared to have reached an agreement with Saudi Aramco for Egyptian refineries to be provided with crude oil.

    Egyptian Petroleum Minister Tarek El Molla also declared the agreement to be effective January 2018 and is to last for six months.

    Saudi Aramco was reportedly confirmed by the minister to be providing crude oil of 500,000 barrels per month to Egyptian refineries.

    Egyptian refineries were said to have already received crude oil from the Saudi oil producer last year in November and December.

    MENAFN0303201800450000ID1096540892

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