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Asharq Al-Awsat
Asharq Al-Awsat
Business
Dhahran – Asharq Al-Awsat

Aramco, Sinopec Sign New MoU

Sinopec Aramco China Kingdom Downstream Saudi Arabia Oil Riyadh Vice President
Oil tanks seen at the Saudi Aramco headquarters. Reuters file photo

Aramco and China's oil refiner Sinopec signed a Memorandum of Understanding on Wednesday in Riyadh for multiple potential collaborations in Saudi Arabia.

The MoU outlines pathways for strategic cooperation between Aramco and Sinopec and supports the long-term relationship between the two companies and their existing joint ventures in China and in the Kingdom.

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