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Saudi Aramco is negotiating a deal to buy a stake of more than
30 percent in a 260,000-bpd refinery in China owned by state firm
PetroChina, in a transaction valued at up to US$2 billion, The Wall
Street Journal reported on Friday, quoting people familiar with the
talks. According to one of the people, Saudi Arabia could provide
some of the crude oil for the refinery in the Yunnan province, and
could also buy some of the retail assets of PetroChina, the WSJ
reports. Aramco and PetroChina have been discussing for years plans
for Saudi Arabia to…
30 percent in a 260,000-bpd refinery in China owned by state firm
PetroChina, in a transaction valued at up to US$2 billion, The Wall
Street Journal reported on Friday, quoting people familiar with the
talks. According to one of the people, Saudi Arabia could provide
some of the crude oil for the refinery in the Yunnan province, and
could also buy some of the retail assets of PetroChina, the WSJ
reports. Aramco and PetroChina have been discussing for years plans
for Saudi Arabia to…
Saudi Aramco is negotiating a deal to buy a stake of more than
30 percent in a 260,000-bpd refinery in China owned by state firm
PetroChina, in a transaction valued at up to US$2 billion, The Wall
Street Journal reported on Friday, quoting people familiar with the
talks. According to one of the people, Saudi Arabia could provide
some of the crude oil for the refinery in the Yunnan province, and
could also buy some of the retail assets of PetroChina, the WSJ
reports. Aramco and PetroChina have been discussing for years plans
for Saudi Arabia to…
30 percent in a 260,000-bpd refinery in China owned by state firm
PetroChina, in a transaction valued at up to US$2 billion, The Wall
Street Journal reported on Friday, quoting people familiar with the
talks. According to one of the people, Saudi Arabia could provide
some of the crude oil for the refinery in the Yunnan province, and
could also buy some of the retail assets of PetroChina, the WSJ
reports. Aramco and PetroChina have been discussing for years plans
for Saudi Arabia to…