#Saudi Aramco building global gas business to cut carbon footprint | Reuters

Saudi Aramco building global gas business to cut carbon footprint | Reuters:

Saudi Aramco, the world’s biggest oil producer, was building an international gas business and converting more crude oil into chemicals in a bid to lessen its carbon footprint, Chief Executive Amin Nasser said on Tuesday.

Aramco is building “an energy bridge” between Saudi Arabia and China to meet the Asian energy consumer’s increasing need for oil and gas as well as for chemicals and liquefied natural gas (LNG), according to a copy of Nasser’s speech at an industry event in Beijing.

“We need to help our stakeholders - including here in China and the wider Asia region - realize that oil and gas will remain vital to world energy for decades to come,” he said.