Saudi Aramco to Expand Into Vietnam, Indonesia After China
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Saudi Aramco, the world’s largest oil exporting company, is planning to expand into Vietnam and Indonesia, adding to its business in Asia.
“As we speak we are busy developing new joint ventures or expanding existing investments with NOCs like Sinopec and CNPC, PetroVietnam and Pertamina,” Aramco Chief Executive Officer Khalid Al-Falih said, according to a text of a speech posted on the company’s website yesterday.