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Saudi Oil Company Suspends 10 Billion Deal With China

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Saudi Oil Company Suspends 10 Billion Deal With China

Saudi Arabia’s state-owned oil company Aramco has suspended a 10 10 billion deal with China.

According to foreign media, under the agreement, the Saudi company was to build a refining and petrochemical complex in China at a cost of ارب 10 billion.

Saudi Oil Company Suspends 10 Billion Deal With China

However, now that the Saudi Arabian oil company has decided to stop investing in the matter, Aramco has declined to comment on the news.

However, according to sources, the decision is due to uncertain market conditions, a source said that the fall in global oil prices and the effects of the global epidemic on energy demand has also affected the agreement.

Heather Breese
Heather Breese is a qualified writer who fell in love with creativity and became a specialist creator and writer, focused on readers and market need.

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