Aramco,Sinopec to set up Fujian ethylene,marketing JV in 2006

摘要

Saudi Aramco said April 23 it was committed to supplying China's Sinopec and its affiliates with 1-million b/d of Arabian crude oil by 2010 as part of a memorandum of understanding signed between the two sides to strengthen what was termed as their strategic commercial partnership."The MOU notes that Saudi Aramco is committed to supplying Sinopec and its affiliates 1 million barrels per day of Arabian crude oil by 2010," a joint statement said.