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ADNOC L&S secured a 15-year contract to manage up to 70% of Borouge's output transportation, including port operations, container handling and feeder ship services at Al Ruwais, with a minimum guaranteed value of $531 million.
“It (the agreement) brings significant benefits to Borouge; driving substantial operational cost savings and enhancing our Logistics Variable Cost (LVC).”db.forbesmiddleeast.com
Summarized from public sources; check the original articles before acting on it.