East Pipes signs SAR 1.65B supply contract with Saudi Aramco

02/06/2024 Argaam

East Pipes Integrated Company for Industry signed a supply contract, on May 30, with Saudi Arabian Oil Co. (Saudi Aramco), at a total value exceeding SAR 1.65 billion, inclusive of VAT.

 

The contract is valid for 19 months, the company said in a statement to Tadawul, adding that there are no related parties to the deal.

 

The relevant financial impact is expected to appear from Q4 2024/25 to Q4 2025/26.

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