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Saudi Arabia is eager to collaborate with China in developing natural gas, crude-to-chemicals, and mining projects, within and outside the kingdom, because the world's second-biggest economy is taking the lead in various sectors, energy minister Prince Abdulaziz bin Salman said June 11. In April, Saudi Arabia was the top oil supplier to China, delivering 2.07 million b/d (8.46 million mt) of crude, down 5.3% year on year and down 1.8% from March on a barrels-per-day basis, data from China's General Administration of Customs showed May 20. Aramco previously signed several agreements, including potential crude supply and chemical offtake agreements, with Chinese entities in December during the visit of President Xi Jinping to Riyadh.

Saudi Arabia keen to work with China in gas, crude-to-chemicals, mining

Saudi Arabia is eager to collaborate with China in developing natural gas, crude-to-chemicals, and mining projects, within and outside the kingdom, because the world’s second-biggest economy is taking the lead in various sectors, energy minister Prince Abdulaziz bin Salman said June 11. In April, Saudi Arabia was the top oil supplier to China, delivering 2.07 million b/d (8.46 million mt) of crude, down 5.3% year on year and down 1.8% from March on a barrels-per-day basis, data from China’s General Administration of Customs showed May 20. Aramco previously signed several agreements, including potential crude supply and chemical offtake agreements, with Chinese entities in December during the visit of President Xi Jinping to Riyadh.

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