VOL. XLI

No. 01

5-January-1998

SAUDI ARABIA

Saudi Aramco Signs 60,000 B/D Crude Supply Deal With China's Sinochem

Saudi Aramco has formally signed an agreement with the Chinese trading group Sinochemto supply the latter with 60,000 b/d of Saudi crude, according to the Saudi Gazettenewspaper. This follows a visit to China last October by Saudi Oil Minister Ali al-Naimiwhen he was reported to have discussed with Chinese officials the possibility of"increasing China's imports of Saudi crude oil in...