A slew of new commitments last week from Saudi Arabia to China go into the development of natural gas resources.
, the relationship between the two countries has grown ever stronger. Toward the end of last year, Saudi Arabia reiterated its commitment to China as its “most reliable partner and supplier of crude oil,” along with broader assurances of its ongoing support in several other areas.
Several other joint projects between China and Saudi Arabia that had been agreed in principle had been delayed due to a combination of factors at the time. These were the ongoing effects of COVID-19, Aramco’s crushing dividend repayment schedule, and concern from both countries – especially China – on how Washington might react to this clear threat to the U.S.’s own long-running relationship with Saudi Arabia, as also analysed in depth in .
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mendy takes step towards joining Chelsea teammates in Saudi ArabiaChelsea goalkeeper Edouard Mendy looks set to become the next player to swap the Premier League for the Saudi Pro League. talkSPORT recently brought you the news that the Blues are open to offers f…
Read more »
Saudi Arabia’s Crude Oil Exports Dropped To A Five-Month Low In April | OilPrice.comSaudi Arabia saw its oil exports drop to a five-month low in April, the month before its first voluntary cuts began in May.
Read more »
The Permian Basin Is Out-Producing Saudi Arabia’s Ghawar Field | OilPrice.comThe U.S. is predicted to break a new record in oil production this year, with current production at 12.4 million barrels per day, primarily due to increased output in tight oil and shale gas regions.
Read more »
Chelsea stars headline incredible XI of players linked with moves to Saudi ArabiaCristiano Ronaldo has paved the way for high-profile stars to be tempted into swapping Europe for the Saudi Pro League. In what was the first major coup from a Saudi Arabia club, more players are n…
Read more »
Tottenham star Heung-min Son makes decision on lucrative transfer to Saudi ArabiaTottenham star Heung-min Son has turned down a sensational move to Saudi Arabia this summer. The South Korea international had been the subject of a massive bid from the Gulf state in the latest st…
Read more »
Six jobs to help East Mids authority as councils become 'stretched'The new authority will be given major new powers and £38 million a year
Read more »