Economy

Aramco's unit, Sinopec partners for potential downstream collaboration in China

Follow-ups -eshrag News:

Author: 
Tue, 2022-03-08 16:47

Dhahran: A unit of Saudi Arabian Oil Company — Aramco — signed on Tuesday an initial agreement with China Petroleum & Chemical Corporation, known as Sinopec, for potential downstream collaboration in China.

The subsidiary, Saudi Aramco Asia Company Ltd., and Sinopec aim to support Fujian Refining and Petrochemical Co. in conducting a feasibility study into the optimization and expansion of capacity, according to a statement.

 

Main category: 
Business & Economy
Tags: 
energy
Oil

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