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  2. Aramco CEO highlights investment opportunities in China

Aramco CEO highlights investment opportunities in China

GHADA.ISMAIL
Mar 24, 2025
Amin Nasser underscores Aramco’s commitment to expanding its investment footprint in China

Riyadh – Sharikat Mubasher: Amin H. Nasser, Aramco CEO, reaffirmed the company’s commitment to expanding investments in China, calling the country a key pillar in Aramco’s global strategy.

According to the company's press release, Nasser highlighted the ongoing projects and future opportunities in the region while speaking at the China Development Forum in Beijing.

Nasser said: “In China, Aramco is actively supporting energy and chemical feedstock security by investing in multiple downstream projects. Our investments are currently in Fujian, Liaoning, Zhejiang, and Tianjin — and we continue to explore additional opportunities across energy, chemicals, and technology.”

Nasser emphasized China’s prominent role in the global petrochemical sector, noting that the country accounts for nearly half of worldwide demand. He continues: “China is becoming a major hub for the entire chemicals industry value chain. We are excited about China’s vast and growing opportunities, and we aim to elevate our strong relationship to new heights.”

Addressing China’s evolving oil demand, Nasser highlighted the increasing shift from traditional fuel consumption toward petrochemicals, driven by demand for plastics, synthetic fibers, and high-end materials. “A reliable supply of these materials will be essential to China’s high-quality growth industries — including wind and solar energy, automotive, aerospace, and construction,” he added.

Nasser’s remarks come as Aramco strengthens its presence in China, underscoring the company’s long-term investment strategy in one of its most significant markets.

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Aramco
investment
China Development Forum
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