Saudi Aramco + Sinopec + CNPC (January 2016)

I was wondering why China supported Saudi Arabia and not Iran in the Yemen war (Reuters). Here is why. There are some deals between the Saudis and two of the largest state owned Chinese energy companies (Wall Street Journal). The Saudis have also said that they want to privatise a part of Saudi Aramco, something that might also interest the Chinese (Guardian).

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Articles

“Saudi Aramco Set for Chinese Energy Deals”, January 2016

http://www.wsj.com/articles/saudi-aramco-set-for-chinese-energy-deals-1453301376

“China offers support for Yemen government as Xi visits Saudi Arabia”, January 2016

http://uk.reuters.com/article/uk-saudi-china-yemen-idUKKCN0UY0C2

“Saudi Aramco privatisation plans shock oil sector”, January 2016

http://www.theguardian.com/business/2016/jan/08/saudi-aramco-privatisation-plans-shock-oil-sector

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