GASCO says Ministry of Transport’s legal claim over tanker explosion dismissed

06/12/2020 Argaam

National Gas & Industrialization Co. (GASCO) said Riyadh court dismissed the Ministry of Transport's legal claim against the company on Dec. 3, 2020, according to a bourse filing.

 

The court’s preliminary judgement is subject to appeal, the statement added.

 

The Ministry of Transport filed a claim against the company demanding a compensation of SAR 130.29 million for damages caused by GASCO’s gas tanker explosion in 2012.

 

GASCO in May 2017 received a statement of claim filed by the attorney general against the company regarding the explosion, which killed 23 people.

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