Middle East Economic Survey


No 29


Saudi Arabia

Jum'ah Lauds Saudi-Chinese Energy Cooperation

Saudi Aramco President and CEO ʹAbd Allah Jumʹah underlined Saudi Arabias commitment to supplying oil to China in a speech delivered to Chinese energy sector officials in Beijing on 11 July. Noting that Chinese oil demand was projected to more than double to 13mn b/d boosting imports fivefold to nearly 10mn b/d Mr Jumʹah stressed Saudi Aramcos credentials in terms of reserves and...