Saudi Arabia-China relations strengthen with Aramco-Sinopec deal

The ties between China and Saudi Arabia are largely based on trade and energy cooperation.
Chinese traditional dance teams perform during the inauguration ceremony of the Yanbu Aramco Sinopec Refining Company.
Chinese traditional dance teams perform during the inauguration ceremony of the Yanbu Aramco Sinopec Refining Company (YASREF) project on Jan. 20, 2016, in Riyadh. Chinese President Xi Jinping and Saudi King Salman bin Abdul-Aziz Al Saud attended a ceremony to mark the opening of a joint venture refinery, a symbol of Beijing's deepening involvement in the Middle East. - AYEZ NURELDINE/AFP via Getty Images
Al Monitor: The Pulse of the Middle East
Al-Monitor Staff

Saudi Arabia’s state-owned oil company Aramco signed an agreement yesterday with a Chinese oil giant. 

The memorandum of understanding between Aramco and China Petroleum & Chemical Corporation (Sinopec) relates to cooperation within Saudi Arabia. They pledged to work together on oil industry matters as well as carbon capture and the development of hydrogen as an energy source. They will also discuss building a manufacturing hub in the King Salman Energy Park in eastern Saudi Arabia, Aramco said in a statement. 

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