Saudi Aramco, is looking at several further opportunities to expand its downstream dealings with China. The new downstream projects with Sinopec follow this year’s earlier series of meetings in Beijing between senior officials from the Chinese government and foreign ministers from Saudi Arabia, Kuwait, Oman, Bahrain. Saudi Arabia’s state-owned oil giant, Saudi Aramco, is looking at several further opportunities to expand its downstream dealings with China, according to recent comments from the company’s chief executive officer, Amin Nasser. During the conference call to report the company’s latest results, he stated: “We’re currently working with a number of opportunities with Sinopec, and are also exploring a good number of opportunities with other players in Asia – all for mainly highly integrated complexes with more than 50 percent liquid to chemical that would represent a huge growth opportunities.” Any […]