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Saudi Aramco’s New China Refinery Venture Gets First Crude Cargo

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Saudi Aramco’s New China Refinery Venture Gets First Crude Cargo Saudi Aramco and its local partners have received the first crude cargo for their new refining complex in China, bringing the billion-dollar mega plant a step closer to production. The shipment of Arabian crude arrived late last week at the complex in Liaoning Province in northeast China, according to an emailed statement from Aramco on Wednesday. The release didn’t provide an official start date.

Saudi Aramco’s New China Refinery Venture Gets First Crude Cargo Saudi Aramco and its local partners have received the first crude cargo for their new refining complex in China, bringing the billion-dollar mega plant a step closer to production. The shipment of Arabian crude arrived late last week at the complex in Liaoning Province in northeast China, according to an emailed statement from Aramco on Wednesday. The release didn’t provide an official start date.
Saudi Aramco (ORG) New China Refinery Venture (ORG) China (LOCATION) Arabian (ORG) Liaoning Province (LOCATION) Aramco (ORG)
Originally published by Bloomberg Markets Read original →