Saudi Aramco downstream strategy to combine organic growth with strategic acquisitions

摘要

SAUDI Aramco President and CEO,Mr. Amin H. Nasser told delegates attending the 13th annual Gulf Petrochemicals and Chemicals Association(GPCA)Forum that a key-Saudi Aramco objective is to bring its downstream business to the same prominence as its upstream,as the company undergoes substantial expansions in refining,marketing and lubes. In line with the forum theme’Exceeding Transformation & Investing in Growth,’Mr. Nasser commented on Saudi Aramco's pivotal role in enabling new industrial and business partnerships as well as infrastructure,not only in core oil and gas downstream,but also in advanced technologies and energy-related,value-adding activities.”Our ultimate target of 8-10 million barrels per day of integrated refining and marketing capacity will create a better balance between our upstream and downstream segments,”Mr. Nasser said.