Saudi Arabia 'ready to meet' rising energy demand from China

Saudi Arabia's Energy Minister Khalid al-Falih makes comments during meetings with Chinese energy industry officials
Saudi Arabia 'ready to meet' rising energy demand from China
Saudi Arabias minister of energy Khalid Al-Falih. (Joe Klamar/AFP/Getty Images)
By Reuters
Sat 03 Sep 2016 12:42 AM

Saudi Arabia's Energy Minister Khalid al-Falih said the kingdom was ready to meet rising energy demand from China, state news agency SPA reported on Friday.

"The Kingdom is ready to fulfill the rising energy demand in China in the coming decades," the SPA quoted Falih as stating.

Falih made his comments during meetings with leading Chinese energy industry officials, the SPA said.

The minister was on an official visit to China earlier this week when several energy agreements were signed.

Saudi Aramco also signed a strategic partnership agreement with China's CNPC during the visit with a view to cooperating on investments in refining, marketing and project developments, the SPA said.

The agreement would include Aramco's ownership of shares in the refining business and retail sales of CNPC, it said.

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