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Petro Rabigh Starts Periodic Maintenance for 50 Days on Oct. 11

PUdaily, Shanghai-Rabigh Refining and Petrochemical Company (Petro Rabigh) will start its planned periodic maintenance (T&I) for all operational facilities and production plants on Oct. 11, lasting for 50 days, according to the official announcement.

On February 24, 2015, Petro Rabigh announced that the Company's Board of Directors had approved the planned periodic maintenance (T&I) for all operational facilities and production plants in the company complex, which would continue for a period of 50 days starting October 4, 2015.

Recently, the company notified that the T&I will start on Oct. 11, 2015 instead of the date mentionedto complete required preparations.

Regarding the financial impact, a decrease in gross profit is expected during the 4th quarter of 2015 by approximately Saudi Riyal 900 million. It should be noted that this financial impact is subject to change according to international prices and the economic situation.

Editor: Candy
Email: candy.wang@pudaily.com


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