Guyana grants Saudi Aramco unit one-year contract to market crude

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Guyana has granted a unit of Saudi Arabian Oil Co (2222.SE), known as Aramco, a one-year contract to market the government's share of the crude produced in the South American country, Vice President Bharrat Jagdeo told Reuters.

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov, known as Aramco, a one-year contract to market the government's share of the crude produced in the South American country, Vice President Bharrat Jagdeo told Reuters.

The country in early September had awarded Aramco a contract to market a cargo scheduled for Sept. 21-22. Natural Resources Minister Vickram Bharrat told Reuters at the time that the company was likely to win the year-long contract as well, but that the process was not yet complete.

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