Saudi Aramco signs crude supply deal with China’s Hengli Petchem

11/11/2018 Argaam

Saudi Aramco has signed an agreement to supply 130,000 barrels per day (bpd) of crude for 2019 to China's Hengli Petrochemical, Reuters reported, citing a company release.

The deal was signed this week at the China International Import Expo in Shanghai and is worth $3.6 billion based on current market price, the report said.


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