Saudi Arabia will remain reliable energy partner for China: Energy minister

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Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said on Wednesday, during a visit by the Chinese leader to the Kingdom, that Saudi Arabia would remain a trusted and reliable energy partner for China, the official Saudi Press Agency (SPA) reported.

Prince Abdulaziz told SPA that cooperation between China, the world’s biggest energy consumer, and the Kingdom, the worlds’ top oil exporter, had helped maintain global oil market stability.

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“The Kingdom will remain, in this area, a trusted and reliable partner for China,” the agency quoted him as saying.

Ties between Saudi Arabia and China are undergoing a “qualitative shift that reflects the interest of the leaderships of the two friendly countries, and their keenness to develop them in various fields,” Prince Abdulaziz added.

“China has become the top destination for the Kingdom of Saudi Arabia’s oil exports as part of the high volume of trade exchange between the two countries, which continued annual growth over the past five years,” SPA cited him as saying.

Prince Abdulaziz said Saudi Arabia and China would seek to boost cooperation in energy supply chains by establishing a regional center in the Kingdom for Chinese factories.

With Reuters

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