Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) announced an 8% and 12.5% curtailment in its ethane gas and raw oil supplies, respectively, starting Saturday, 14 September.
The said shortage did not affect the lenders’ reliability test, Petro Rabigh said in a filing to the Saudi Stock Exchange (Tadawul) on Tuesday.
The company is currently working on evaluating the final effects, while no major financial impact is seen. Any further updates will be disclosed in due course, Petro Rabigh remarked.
Earlier this week, nine Saudi companies pointed out a feedstock shortage following Aramco’s drone strikes over the weekend. The companies included Saudi Basic Industries Corp. (SABIC), the Saudi Kayan Petrochemical Company (Saudi Kayan), Yanbu National Petrochemical Company (Yansab), and the National Petrochemical Company (Petrochem) among others.
