Saudi Oil Giant Pitches Gas to China in Cleaner-Fuels Push
- Saudi Aramco aims to help China in energy transition, CEO says
- Work to turn crude into chemicals at ‘advanced stage’: Nasser
Source: Saudi Aramco
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Saudi Aramco wants to sell natural gas to China to help its biggest customer for oil make the transition to cleaner fuels, Chief Executive Officer Amin Nasser said.
The Saudis, who have fought to remain among China’s largest crude suppliers, are also looking at options to develop and supply energy sources such as hydrogen and new kinds of chemicals to broaden their relationship with China, according to comments Nasser made on Wednesday to the China Development Forum. Aramco is the world’s largest oil exporter; China, the biggest buyer.