Ladies and Gentlemen, good afternoon and xia wu hao.
Party Secretary of Liaoning Province, His Excellency Chen Qiufa, Governor of Liaoning Province, His Excellency Tang Yijun, Chairman of Norinco Group, Mr. Jiao Kaihe, and Fu Zhongwei, Party Secretary of Panjin City.
There is a Chinese saying which translates to “courtesy calls for reciprocity”.
It is indeed a great pleasure to be here as we pay a return visit to our friends after your visit to Dhahran last October.
Now, as you may be aware, Saudi Aramco aspires to be the world’s leading integrated energy and chemicals producer. For the purposes of today, I want to draw your attention to three elements of this aspiration that directly relate to you.
The first element relates to energy supply.
I believe that we are both a natural and a strategic partner of choice. For many years, we have been a reliable supplier of oil, China’s second largest source of energy, and we stand ready to do so for many more years. Indeed, by maintaining our sustainable production capability of 12 million barrels per day which helps to provide market stability during times of need.
Indeed, supporting China’s energy security is why we are here today. By bridging the gap between our supply and our investments in China’s entire value chain, we can help meet China’s needs for tomorrow.