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S-Oil to supply USD 2.32 billion worth of oil products to Saudi Aramco's trading arm

Gasoil News - Published on Wed, 20 Feb 2019

Image Source: ET EnergyWorld
S-Oil Corp, South Korea's third-biggest refiner, said that it has signed a contract to sell a total of KRW 2.61 trillion worth of refined oil products to Saudi Aramco's trading arm.

S-Oil, whose top shareholder is Saudi Aramco, said in a regulatory filing that it will supply up to 17 million barrels of diesel, up to 13 million barrels of naphtha and up to 12 million barrels of jet fuel to Aramco Trading Singapore under the contract, valid between Jan. 1 and December 31st 2019.

Source :

Posted By : Rabi Wangkhem on Wed, 20 Feb 2019
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