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Saudi Arabian, Malaysian oil companies enter into 50-50 partnership

Source:Xinhua 2017-03-01 09:40:02

Saudi Aramco and Petronas, the two national oil companies from Saudi Arabia and Malaysia respectively, entered into a 50-50 partnership on Tuesday.

Saudi Aramco's CEO Amin H. Nasser (2nd L) shakes hands with Petronas chief Wan Zulkiflee Wan Ariffin (2nd R) during a signing ceremony in Kuala Lumpur, Malaysia, on Feb. 28, 2017. Saudi Aramco and Petronas, the two national oil companies from Saudi Arabia and Malaysia respectively, entered into a 50-50 partnership on Tuesday. Saudi Aramco will invest 7 billion U.S. dollars in a refinery in the southern Malaysian state of Johor, called Refinery and Petrochemical Integrated Development, or RAPID. (Xinhua)

 

 
Saudi Arabian, Malaysian oil companies enter into 50-50 partnership
                 Source:Xinhua | 2017-03-01 09:40:02 | Editor: Mengjie

Saudi Aramco and Petronas, the two national oil companies from Saudi Arabia and Malaysia respectively, entered into a 50-50 partnership on Tuesday.

Saudi Aramco's CEO Amin H. Nasser (2nd L) shakes hands with Petronas chief Wan Zulkiflee Wan Ariffin (2nd R) during a signing ceremony in Kuala Lumpur, Malaysia, on Feb. 28, 2017. Saudi Aramco and Petronas, the two national oil companies from Saudi Arabia and Malaysia respectively, entered into a 50-50 partnership on Tuesday. Saudi Aramco will invest 7 billion U.S. dollars in a refinery in the southern Malaysian state of Johor, called Refinery and Petrochemical Integrated Development, or RAPID. (Xinhua)

 

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