ADNOC Signs Two 3-Year Naphtha Sales Deals With Asian Firms



Reuters

DUBAI, March 28 (Reuters) - Abu Dhabi National Oil Co (ADNOC) said on Wednesday it has signed two 3-year agreements with Japan's Idemitsu Kosan Co. Ltd and Thailand's SCG Chemicals to sell a combined amount of up to 1.5 million tonnes of Naphtha per year.

"As part of ADNOC's 2030 growth strategy, we are prioritizing the fast-growing markets of Asia, where the demand for refined and petrochemical products is accelerating," Abdulla Salem Al Dhaheri, marketing director at ADNOC, said in a statement.

(Reporting By Aziz El Yaakoubi and Nawied Jabarkhyl)



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