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Egyptian Petroleum Ministry: Aramco to Resume Deliveries | ASHARQ AL-AWSAT English Archive 2005 -2017
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Aramco Logo (Reuters)

Cairo- Saudi giant Aramco is to resume deliveries of oil products to Egypt that have been suspended since last October, the Egyptian petroleum ministry has said.

“Currently the timeline for receiving the shipments is being discussed,” the ministry said late on Wednesday.

In October, Aramco halted the agreed deliveries of petroleum products to “special commercial conditions amid fluctuations in international oil prices,” it said.

This coincided with “maintenance work on the refineries,” the ministry added.

Saudi Arabia’s program of assistance to Egypt included the delivery of 700,000 tons of petroleum products from Aramco for five years.