Saudi Aramco expands presence in China refining market with signing of MOU with Zhejiang Petrochemical
Saudi Aramco recently signed an MoU with Chinese Zhejiang provincial government during the 2nd International Petroleum and Natural Gas Enterprises Conference (IPEC), to acquire a share of Zhejiang Petrochemical’s new refinery project. Abdulaziz Al Judaimi, Sr. VP Downstream, said: “We are exploring opportunities for new refining and petrochemicals facilities, making further investments in China. Saudi