Riyadh-Mubasher: Arabian Aramco Total Services Co. said its major shareholder Saudi Aramco Total Refining and Petrochemical Co. (SATORP) has obtained a SAR 2 billion loan from the state-affiliated Saudi Industrial Development Fund (SIDF).
The company is expected to draw the 7.5-year loan in a single disbursement on or around 15 June 2015.
SATORP is a joint venture between Saudi Aramco and Total.