A Saudi court has postponed today the lawsuit filed by Saudi Arabia Refineries Co. (SARCO) against Saudi Aramco to April 16, 2018, SARCO said in a statement to Tadawul.

 

SARCO’s lawyer has submitted a three-page memorandum to the court, and Aramco has requested time to respond, the statement said.

 

In November 2016, SARCO filed a petition to King Salman asking Aramco to pay SAR 137.1 million, in order to settle a dispute dating back to 2011.

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