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China’s Sinopec To Build Gas Pipelines For Saudi Aramco In $1-Billion Deal

According to a filing with the Hong Kong Stock Exchange by China's Sinopec, they will build gas pipelines for Saudi Aramco in a $1-billion deal.

Sinopec, a Chinese energy behemoth, announced on Thursday that it has reached an agreement worth $1.3 billion with Saudi Aramco to acquire and construct pipes to expand the natural gas distribution network in the Kingdom.

Sinopec International Petroleum Services Corporation, a wholly-owned subsidiary of Sinopec Oilfield Service Corporation, w...

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