Saudi Gazette report

RIYADH — President and CEO of Saudi Aramco Eng. Amin Al Nasser said that Aramco’s increase in production capacity to 13 million barrels per day by 2027 will strengthen the Chinese energy security in the long term.

Eng. Al Nasser made the remarks at the China Development Forum 2023, where he affirmed Aramco’s support for China’s energy development and security.

He clarified that this support comes within the joint strategic partnerships and projects, and with the use of emissions reduction technologies, which would enable the manufacture of low-carbon products, chemicals and advanced materials.

He added that Aramco aims to become a comprehensive source for energy and chemicals to support the energy security in China in the long term, and guarantee the continuation of the high quality development in it.

“The global energy transition desperately needs some realism and clarity,” Eng. Al Nasser said.