PetroChina and Saudi Aramco to Build Grassroots Refinery in China

摘要

Aramco Overseas Co., a subsidiary of Saudi Aramco, and PetroChina have signed a memorandum of understanding (MOU) to build a 10-million m.t./year grassroots full conversion refinery in Yunnan Province, China. The move follows an MOU signed by the two partners late last year to expand crude oil trade and strengthen cooperation on refinery and petrochemical projects.