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UAE oil giant expects to expand cooperation with China
Date:2018-07-11  Source:Xinhua

Sultan Ahmed Al Jaber, CEO of the Abu Dhabi National Oil Company (ADNOC), on Monday expressed his keenness on expanding and deepening energy cooperation with China.

The CEO made the comment in an e-mailed statement sent by ADNOC, after he met with several Chinese oil, gas, refining and petrochemical industry leaders during his visit to China's capital Beijing this week.

Jaber visited Beijing as part of an effort "to expand and deepen business and economic relations with one of the United Arab Emirates' (UAE) largest trading partners," according to the statement.

Energy cooperation is an important aspect of the UAE's relations with China, a major growing market for ADNOC's crude, refined products and petrochemicals, the statement said.

ADNOC believes that there are mutually beneficial partnership and co-investment opportunities with China across the company's upstream and downstream value chains, it added.

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