الرئيس للتكرير والكيميائيات والتسويق في أرامكو لـ CNBC عربية: أرامكو تستهدف تحويل 4 ملايين برميل من السوائل لمواد كيميائية بحلول 2030

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Watch الرئيس للتكرير والكيميائيات والتسويق في أرامكو لـ CNBC عربية: أرامكو تستهدف تحويل 4 ملايين برميل من السوائل لمواد كيميائية بحلول 2030 - CNBCArabia on Dailymotion

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00:00 "During this visit, a number of possible agreements were signed between Aramco and

00:07 a number of Chinese companies.

00:10 First, the agreement of cooperation between Aramco and Rongxing, a limited petroleum company,

00:18 is to acquire Rongxing by 50% in the Aramco-Saudi-Jbeil-Sasraf oil refinery with a capital of 300,000

00:29 per day.

00:30 The agreement is based on a joint project to support the expansion in the transfer of

00:37 liquids to chemicals in Sasraf in the Kingdom of Saudi Arabia.

00:43 Second, the agreement to acquire Aramco-Saudi-Jbeil-Sasraf by 50% in the Jiujiang Limited Petroleum

00:51 and Petrochemical Company, which belongs to Rongxing in China.

00:56 As Aramco-Saudi-Jbeil-Sasraf has signed, the agreement is also in line with the limited

01:01 Hengli Group in China to acquire it by 10% in a petrochemical company that belongs to

01:08 the Chinese group.

01:09 It has and manages a fuel tank with a capacity of 400,000 per day and a complete collection

01:17 of chemicals.

01:18 These agreements are in line with Aramco-Saudi-Jbeil-Sasraf's strategy to expand its presence in the recycling,

01:25 chemicals, and Chinese marketing sectors, develop its program to transfer liquids to chemicals,

01:33 and secure long-term agreements to supply crude oil.

01:37 Asia is certainly a major oil, gas, and products market with a link.

01:43 It is an important strategic market for the Kingdom.

01:48 Our presence in Asia is not new.

01:51 It goes back to about half a century when Aramco-Saudi-Jbeil-Sasraf initiated joint projects in the recycling,

01:58 chemicals, and marketing sectors in South Korea, China, and Japan.

02:03 Then, it followed by other projects in different countries.

02:07 In Aramco-Saudi-Jbeil-Sasraf, we are seeking to expand our comprehensive work in the recycling,

02:14 chemicals, and marketing sectors in highly developed economies such as China, India, and

02:20 Southeast Asia in general.

02:22 This is to support the company's goal of converting 4 million barrels of liquid per day into

02:30 chemicals by 2030.

02:32 We are also seeking to maintain our current partnerships in countries that rely on importing

02:38 crude oil such as Japan and South Korea.

02:41 China undoubtedly has a strategic importance for the growth of Aramco-Saudi-Jbeil-Sasraf

02:47 in Asia.

02:48 Over the years, the company has doubled its efforts to meet China's energy needs.

02:54 We are currently producing about 1.8 million barrels of crude oil per day for China, in

03:02 addition to new low-carbon products, chemicals, and other materials.

03:09 In line with the vision of the Kingdom of 2030, the initiative of the Chinese Belt and Road,

03:16 we expect to boost additional investments and strengthen our presence to meet the demand

03:22 of China.

03:23 We are also seeking to expand our partnership with China in the field of recycling, chemicals,

03:29 and oil refueling, and to join new companies in the field of logistics, purchasing, and

03:35 supply chain, and other investment areas.

03:38 Of course, Aramco-Saudi-Jbeil-Sasraf has made great progress in its investment projects

03:44 in China.

03:45 For example, last year, we announced important partnerships with Chinese energy companies

03:51 in the field of logistics, and we have also made significant progress in expanding our

03:57 presence in this market.

03:59 In March of the same year, our joint project with a 30% share in Aramco's petrochemicals

04:05 and Habco's oil refueling, we launched construction projects to build a comprehensive recycling

04:11 and petrochemicals complex in the Chinese city of Banjin.

04:15 Its value is worth US$11.8 billion.

04:18 Last year, we also acquired a 10% share in Rongxing Petrochemicals, worth US$3.4 billion,

04:27 which allows us to export 480,000 barrels of crude oil per day in a long-term sales

04:34 agreement.

04:35 In October of the same year, we signed a memorandum of understanding to acquire a strategic share

04:43 of 10% in Shandong Yulong Petrochemicals.

04:48 Earlier this year, SABC announced its final investment decision in SABC Fujian Petrochemicals

04:56 Complex, which is being built in Fujian Province in China, and which SABC owns 51% of it.

05:04 It also reaches a new level of investment in China, which is a new level of investment

05:11 in China, which is a new level of investment in China, which is a new level of investment

05:17 in China, which is a new level of investment in China, which is a new level of investment

05:23 in China, which is a new level of investment in China, which is a new level of investment

05:29 in China, which is a new level of investment in China, which is a new level of investment

05:35 in China, which is a new level of investment in China, which is a new level of investment

05:40 in China, which is a new level of investment in China, which is a new level of investment

05:45 in China, which is a new level of investment in China, which is a new level of investment

05:51 in China, which is a new level of investment in China, which is a new level of investment

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