Saudi Aramco plans $10billion China oil refinery complex for 2026

SINGAPORE (Reuters) – Saudi Aramco 2222.SE and its Chinese partners aim to start full operations at a refinery and petrochemical project in northeast China in 2026 to meet the country’s growing demand for fuel and petrochemicals, the state-owned major said on Sunday.

The project in Liaoning province’s city of Panjin, expected to cost $10 billion, will be Aramco’s second major refining-petrochemical investment in China.

Joint venture Huajin Aramco Petrochemical Company (HAPCO) will build and operate the complex that will house a 300,000 barrels per day (bpd) oil refinery and a cracker with annual production capacity of 1.65 million tonnes of ethylene and 2 million tonnes of paraxylene, Aramco said in a statement.

Construction at the complex will start in the second quarter after the project secures the required administrative approvals, Aramco said. The plant is expected to be fully operational by 2026, it added.

Aramco will supply up to 210,000 bpd of crude oil as feedstock for the plant.

State-owned NORINCO Group, a Chinese military equipment maker, owns 51% of HAPCO while Aramco and Panjin Xincheng Industrial Group hold stakes of 30% and 19%, respectively.

Separately, Aramco on Sunday signed a memorandum of understanding with the southern Chinese province of Guangdong to explore cooperation in sectors including energy, finance, research and innovations, according to a post on the provincial government’s website.

Guangdong, China’s largest provincial economy, has drawn global firms like Exxon Mobil XOM.N and BASF BASFn.DE each building large-scale petrochemical complexes producing high-value chemicals.

(Reporting by Florence Tan; additional reporting by Chen Aizhu; Editing by Sonali Paul and Christian Schmollinger)

5 thoughts on “Saudi Aramco plans $10billion China oil refinery complex for 2026”

Unser Ziel ist ein einfaches und klares Zahlungssystem.
Der Willkommensbonus gibt die Chance, viel Spaß zu haben. Neue Spieler bekommen bis zu 500 €/$
und 200 Freispiele. Bassbet hat einen tollen Willkommensbonus.

Auf der bassbet offiziellen Webseite gibt es viele Online-Casino Spiele.
Unsere Mission ist es, das beste Spielerlebnis zu bieten.
Casino BassBet bietet verschiedene Zahlungsmethoden an, darunter Kreditkarten, E-Wallets wie Skrill und Neteller sowie Banküberweisungen. Sie können den Support über Live-Chat, E-Mail oder Telefon erreichen, um Unterstützung zu
erhalten. Die Spiele sind von hoher Qualität und die Zahlungsmethoden sind vielseitig
und schnell. Es ist definitiv mein Lieblingscasino!

References:
https://online-spielhallen.de/lemon-casino-deutschland-eine-insider-analyse-aus-spielersicht/

It won’t matter whether we’re talking about a legit casino online site or not if the games
are not tested. Under mini-games, you will find what other casinos usually call arcade or
instant games, such as Stellar, Limbo, Keno, HiLo, Plinko, and Mines.

Stay Casino has a lobby filled with 4,000+ games, ranging from classic pokies
to 3D pokies, Bonus Buys, and Hold & Win, alongside mini and live games.
If you’re a bonus hunter, you’ve just found your secure online casino with 15+ promotions.

Other promotions include weekly and monthly bonuses, birthday gifts, free spins, tournaments, and
also loyalty points earned by regular playing. So, as you can see, one is
able to get a huge amount of real money for playing.
The full list of online casino reviews is in the “Reviews” section of the main menu
of our site. If you would like to find the best all Australian online casino, check our all Australian casino reviews.

It’s exciting to have such a high-quality trusted online casino in Australia – and the fast payouts make everything even better.

We counted over 2,000 safe casino games at Ricky Casino – and these are not random titles.
Its attention to detail, safety, and incredible content make it the best place to play games in Australia right now.

Once you’ve signed in, check your email by opening your inbox.

We work hard to protect you from spam, phishing, and malware,
before they reach your inbox. Google Workspace is a set of productivity
and collaboration tools that helps individuals, teams, and businesses stay on top of everything.
Gmail offline lets you read, reply, delete, and search
your Gmail messages when you’re not connected
to the internet.
Use Gemini with your Google AI Pro or Ultra plan for personal use or as part of your Google Workspace plan for
work. Save time managing your inbox at home or on the go with Gemini.
Once you’re signed in, open your inbox to check your mail.
You may opt out at any time. Join our newsletter to receive the latest
news, trends, and features straight to your inbox!

Gentle nudges help you stay on top of everything. Start a Chat, jump into a video call with
Meet, or collaborate in a Doc, all right from Gmail. Gmail blocks 99.9% of
spam, malware, and dangerous links from ever reaching your inbox.
Gmail uses industry-leading encryption for all messages
you receive and send. Gemini in Gmail can compose well-written drafts or
replies for you to edit, personalize and quickly
hit send.

References:
https://blackcoin.co/zoome-casino-australia-in-depth-review/