An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia in this file photo. REUTERS/Ahmed JadallahSaudi Aramco, the world’s biggest oil producer, was building an international gas business and converting more crude oil into chemicals in a bid to lessen its carbon footprint, Chief Executive Amin Nasser said on Tuesday.
“We need to help our stakeholders - including here in China and the wider Asia region - realise that oil and gas will remain vital to world energy for decades to come,” he said.“We need to reassure them with our own long-term investments that the safety belt we have always provided is one they can continue to rely on.”
The state-owned company is pushing ahead with its conventional and unconventional gas exploration and production program to feed its fast-growing industries, freeing up more crude oil to export or turn into chemicals.
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