New solutions from Aramco
Saudi Aramco, the national oil company of Saudi Arabia, is the largest oil corporation in the world in terms of proven crude oil reserves and production. Its business covers a wide range, including oil and gas exploration, oil refining and distribution, as well as international shipping. Mohammed Al-Madi, regional vice-president and chief representative of Saudi Petroleum Ltd Beijing Representative Office, a wholly owned subsidiary of Saudi Aramco, talks with China Business Weekly reporter Wan Zhihong about the company's achievements in China.
Q: When did you enter the Chinese market, and how do you see the importance of the market?
A: Saudi Aramco established a sales and marketing subsidiary office in Beijing back in 1998, at a time when China's crude oil imports were small. Since then, we have established close supply relationships with China's leading refiners - bonds that will continue to strengthen over time.