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Saudi Aramco looks to further bolster its downstream presence in the world’s top crude oil importer, China, the oil giant’s Downstream President, Mohammed Al Qahtani, has said. “China is strategically important to our business growth in Asia and worldwide, and we will remain a reliable source of long-term oil supply,” Al Qahtani was quoted as saying by China Daily. Oil product demand in China has seen a robust recovery, the Saudi executive said, reiterating Aramco’s view that China will drive global oil demand growth and is of strategic importance to the world’s largest crude oil exporter, Saudi Arabia.

Saudi Aramco Looks To Expand Downstream Business In China

Saudi Aramco looks to further bolster its downstream presence in the world’s top crude oil importer, China, the oil giant’s Downstream President, Mohammed Al Qahtani, has said. “China is strategically important to our business growth in Asia and worldwide, and we will remain a reliable source of long-term oil supply,” Al Qahtani was quoted as saying by China Daily. Oil product demand in China has seen a robust recovery, the Saudi executive said, reiterating Aramco’s view that China will drive global oil demand growth and is of strategic importance to the world’s largest crude oil exporter, Saudi Arabia.

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