Saudi Aramco in talks on more investments in China | Reuters
Oil giant Saudi Aramco (2222.SE) is in talks with partners in China about further investments in the country, CEO Amin Nasser said on Monday.
"China is an important part of Aramco's base," Nasser told reporters on the sidelines of a conference in Saudi Arabia.
"And we are currently in discussions with a number of our partners in China for more investment," he said, declining to disclose the nature or size of potential investments.
Nasser said last year that Aramco expects opportunities for further investment in downstream projects in China - the world's biggest importer of crude oil - to help the country meet its needs for heavy transport and chemicals, as well as lubricants and non-metallic materials.
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