Adnoc to deepen ties with Chinese energy firms | GulfNews.com:
Abu Dhabi National Oil Company (Adnoc) is planning to deepen investment and partnership opportunities with Chinese energy firms as demand for energy and petrochemical products grows in the world’s top oil importer. “Energy cooperation is an important aspect of the UAE’s relations with China, which is the number one oil importer globally and a major growth market for Adnoc’s crude, refined products and petrochemicals,” said Dr Sultan Ahmad Al Jaber, UAE Minister of State and Adnoc Group CEO, who was in Beijing to hold talks with top executives from Chinese energy firms. “We are keen to expand and deepen that relationship and believe there are mutually beneficial partnership and co-investment opportunities across our upstream and downstream value chains. Adnoc is also ready to work with its existing and potential new partners to meet the growing demand for energy and petrochemical products in China.”
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