AIDA PetChem has successfully secured binding, long-term offtake agreements on a take-or-pay basis covering 100% of the production output from the Mediterranean Petrochemical Complex. These definitive agreements provide guaranteed revenue streams by obligating buyers to pay for products whether or not they are taken, thereby minimising commercial risk. In addition to these contracts, a series of Memoranda of Understanding (MOUs) have been signed, reinforcing market demand and strategic partnerships essential for the project's long-term commercial viability.
Published on: Feb 2, 2025
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100% of production is covered by binding offtake agreements and MOUs, securing long-term revenue and commercial stability.
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