Saudi Aramco Further Tightens Its Ties To China

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…