Aramco looks at China's potential growth sectors

Aramco looks at China's potential growth sectors

Saudi Aramco is exploring new opportunities in China’s energy, chemicals and technology sectors, president and CEO Amin Nasser has said. China occupies a key position in Aramco’s global strategy, he told the China Development Forum in Beijing on Monday. The Saudi-listed company is supporting China’s energy and chemical feedstock security by investing in multiple downstream projects, Nasser said. Aramco’s existing investments are spread across th…

Saudi oil company Aramco continues to identify new investment opportunities in China in the energy, chemical and technology sectors, said the company’s president, Amin H. Nasser, in a speech at the annual Development Forum that concludes today in Beijing. “China is one of our main investment destinations. Today, we invest in (the provinces of) Fujian, Liaoning, Zhejiang and Tianjin. I stress “currently” because we continue to identify new opport…