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FinancialNews


  • 10-11-18

    Saudi Aramco secures major oil supply deal with Hengli Petchem

    (MENAFN) Saudi Aramco agreed on a deal with the Chinese private chemical group Hengli Petrochemical for the acquisition of 130,000 barrels of crude oil per day, starting next year.

    The Saudi petroleum and natural gas giant inked the agreement with the Chinese private chemical group in Shanghai at the China International Import Expo.

    Reports said that the agreement between the two sides is valued at USD3.6 million, according to the current market price.

    It comes after the Saudi giant achieved a pact with Zhejiang Rongsheng Group for the supply of 170,000 barrels of crude oil per day.

    MENAFN1011201800450000ID1097681391

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