VOL. XXXIX

No. 41

8-July-1996

SAUDI ARABIA

Sinochem Says Saudi Aramco Wants Full Access To Chinese Refining Market

An official of China's main oil trading arm, Sinochem, stated on 3 July that Saudi Aramco wants 100% access to the Chinese domestic market as part of an agreement on a joint venture refinery project in the northeastern port city of Qingdao in Shandong province, which has been under discussion for some time now. The refinery will have a capacity in the range of...