South Korea’s third-biggest oil refiner gets 640,000 to 650,000 barrels a day of that amount, Subaey told the daily.
Saudi Arabian Oil Co., or Saudi Aramco, is to supply 230 million barrels a year to S-Oil under a 20-year contract, according to a statement yesterday from the South Korean refiner. S-Oil, which is 35 percent owned by Aramco, has daily refining capacity of 669,000 barrels, the company said.
To contact the reporter on this story: Wael Mahdi in Khobar at email@example.com
To contact the editor responsible for this story: Stephen Voss at firstname.lastname@example.org