CEO of Aramco: Aramco Look Forward to Invest in China
Amin H. Nasser, the President and CEO of Aramco, confirmed that the company is looking for more investment opportunities in China, given the mounting demand for oil, reported News 24. According to Reuters, CEO of Aramco mentioned that Aramco is likely to partner with “MidOcean Energy” to invest in liquefied natural gas projects in geographic areas.
It is worth noting that Aramco had agreed last year to acquire a strategic minority stake in “MidOcean Energy”.
Aramco’s Marine Fuel Station
In a strategic move, Saudi Aramco has unveiled its first marine fuel station, “Aramco Marina”, in KSA, aiming to supply yachts with fuel. The launch coincides with the Formula 1 racing event.
This launch marks a key milestone for the energy giant, expanding its presence in the marine sector. It also bolsters support for KSA’s tourism and luxury maritime activities.
The “Aramco Marina” station is located at the Jeddah Yacht Club on the picturesque Red Sea coast. It integrates seamlessly with the company’s new branding for its stations across Saudi Arabia.
Aramco Marina: Luxurious Milestone in Marine Fuel Services
The inauguration of “Aramco Marina” was a high-profile event attended by Aramco’s top executives, including Nabeel Al-Jama, Executive Vice President for Human Resources and Support Services.
Moreover, Saudi Aramco’s Vice President of Retail Ziyad Juraifani attended. This facility is more than a fuel station; it showcases Aramco’s commitment to improving KSA’s yacht and boat infrastructure. Consequently, it provides them with essential services in a luxurious setting.
The station’s operational capacity is to supply over 65 million liters of diesel and gasoline annually. This underscores Aramco’s readiness to meet the needs of both local and international maritime clients.
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