Analysis: Aramco’s Overseas Refining And Product Marketing Strategy
State-owned Saudi Aramco is rethinking its overseas refineries and joint ventures (JV) strategy. The formation of Saudi Aramco Products Trading Company (Aramco Trading) in January 2012 was the first step in a restructuring aimed at allowing the oil giant to use its overseas assets in a more creative way, including the ability to respond rapidly to market developments. The immediate function of...
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