Saudi Aramco expands presence in China refining market with signing of MOU with Zhejiang Petrochemical
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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