{"id":54350,"date":"2023-04-11T22:44:10","date_gmt":"2023-04-11T22:44:10","guid":{"rendered":"https:\/\/dailytalks.org\/?p=54350"},"modified":"2023-04-11T22:44:10","modified_gmt":"2023-04-11T22:44:10","slug":"aramco-acquires-10-of-chinas-rongsheng-for-3-6-bln","status":"publish","type":"post","link":"https:\/\/dailytalks.org\/?p=54350","title":{"rendered":"\u200eAramco acquires 10% of China\u2019s Rongsheng for $3.6 bln"},"content":{"rendered":"<p>\u200e<\/p>\n<p>The signing ceremony<\/p>\n<p>Aramcosigned definitiveagreementsto acquirea 10% interest inShenzhen-listedRongsheng PetrochemicalCo. Ltd.forRMB 24.6 billion ($3.6 billion at current exchange rates).<\/p>\n<p>The deal willsignificantlyexpand Aramco\u2019s downstream presence in China, the world\u2019s largest oil exporter said in an emailed statement to Argaam.<\/p>\n<p>Throughthestrategicarrangement,Aramcowouldsupply 480,000 barrels per day (bpd) of Arabian crude oil to Rongsheng affiliate Zhejiang Petroleum and Chemical Co&#8230;<br \/><a href=\"https:\/\/www.argaam.com\/en\/article\/articledetail\/id\/1631887\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u200e The signing ceremony Aramcosigned definitiveagreementsto acquirea 10% interest inShenzhen-listedRongsheng PetrochemicalCo. Ltd.forRMB 24.6 billion ($3.6<\/p>\n","protected":false},"author":1,"featured_media":54351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-54350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ksa"],"featured_image_urls":{"full":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/04\/54350-aramco-acquires-10-of-chinas-rongsheng-for-3-6-bln.png",665,351,false],"thumbnail":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/04\/54350-aramco-acquires-10-of-chinas-rongsheng-for-3-6-bln-150x150.png",150,150,true],"medium":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/04\/54350-aramco-acquires-10-of-chinas-rongsheng-for-3-6-bln-300x158.png",300,158,true],"medium_large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/04\/54350-aramco-acquires-10-of-chinas-rongsheng-for-3-6-bln.png",640,338,false],"large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/04\/54350-aramco-acquires-10-of-chinas-rongsheng-for-3-6-bln.png",640,338,false],"1536x1536":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/04\/54350-aramco-acquires-10-of-chinas-rongsheng-for-3-6-bln.png",665,351,false],"2048x2048":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/04\/54350-aramco-acquires-10-of-chinas-rongsheng-for-3-6-bln.png",665,351,false],"chromenews-featured":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/04\/54350-aramco-acquires-10-of-chinas-rongsheng-for-3-6-bln.png",665,351,false],"chromenews-large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/04\/54350-aramco-acquires-10-of-chinas-rongsheng-for-3-6-bln.png",665,351,false],"chromenews-medium":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/04\/54350-aramco-acquires-10-of-chinas-rongsheng-for-3-6-bln-590x351.png",590,351,true]},"author_info":{"display_name":"Jonathan Jeriah","author_link":"https:\/\/dailytalks.org\/?author=1"},"category_info":"<a href=\"https:\/\/dailytalks.org\/?cat=27\" rel=\"category\">Saudi Arabia<\/a>","tag_info":"Saudi Arabia","comment_count":"0","_links":{"self":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts\/54350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54350"}],"version-history":[{"count":0,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts\/54350\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/media\/54351"}],"wp:attachment":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}