Saudi to discuss energy collaboration with China, Japan

23 Aug 2016

(MENAFN) Saudi Arabia aims to discuss energy cooperation deals with China and Japan, as considered the globe top oil exporter.

Moreover, the kingdom has accounted for most of the crude imports by Asia, the world biggest oil-consuming region.

However, OPEC top producer lost ground in a number of main markets involving Russia and China and faces more threat from Iran.

Last year, Asia accounted for 65 percent of Saudi Aramco oil exports, a growth from 62.3 percent a year earlier.

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