Saudi Aramco GI 230.002 LEASES, CONTRACTS, AND OTHER SOURCES OF FINANCIAL LIABILITY

This document is Saudi Aramco General Instruction Manual GI 230.002, focusing on Leases, Contracts, and Other Sources of Financial Liability. It provides a comprehensive overview of financial commitments made by Saudi Aramco to non-affiliated third parties.

The instruction details various types of financial commitments, specifies where signed written agreements are located, outlines different methods of payment, identifies responsible departments, and lists information sources. It clarifies exclusions such as commitments with subsidiaries, joint ventures, crude oil or refined product sales, governmental or tax obligations, and employee benefit programs.

Key topics covered include definitions of amendment, change order, charter, contracting manual, and lease, as well as responsibilities for lease procurement and administration. It also details contract information management within SAP, approval authority processes via the AAE system, and procedures for online inquiries.

Furthermore, the document explains other sources of financial liability like vessel charters and common carrier transactions, along with specific payment processing for non-purchase orders. Ideal for accounting officers, contract administrators, procurement specialists, and finance managers working in the oil and gas industry or similar large organizations.