Chinese energy official meets with Saudi Aramco executive in Beijing

LUBEREF
SAUDI ARAMCO

LUBEREF

2223.SA

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SAUDI ARAMCO

2222.SA

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- The deputy head of China's National Energy Administration met with an executive of Saudi Aramco in Beijing on Tuesday, the administration said in a statement on Thursday.

  • NEA Deputy Administrator Song Hongkun and Aramco's Downstream President Mohammed Y. Al Qahtani exchanged views on global energy security and bilateral oil and gas cooperation, according to the statement.

  • Song said he hoped Chinese and Saudi companies would strengthen communication, deepen cooperation and prudently address risks.

  • The meeting comes at a time when the U.S.-Israeli war on Iran, which began in late February, has disrupted global oil and gas supply as the shipping chokepoint, Strait of Hormuz, remained effectively closed.

  • Saudi Arabia is one of China's biggest oil suppliers, although Beijing, the world's largest oil importer, keeps its imports diverse.