China Petroleum & Chemical Corporation

China Petroleum & Chemical Corporation (Sinopec) is one of the largest integrated energy and chemical companies in China and is also known as Sinopec Corp. It is a state-owned enterprise involved in various aspects of the oil and gas industry, including exploration, production, refining, marketing, and distribution.

Sinopec operates globally and has a presence in Saudi Arabia, as well as in other countries. In Saudi Arabia, Sinopec has been involved in joint ventures and partnerships with local companies and Saudi Arabian Oil Company (Saudi Aramco). These partnerships have focused on areas such as refining, petrochemicals, and lubricants.

One notable joint venture involving Sinopec in Saudi Arabia is the Yanbu Aramco Sinopec Refining Company (YASREF). YASREF is a joint venture between Saudi Aramco and Sinopec, operating a world-class, full-conversion refinery in Yanbu, Saudi Arabia. The refinery has a processing capacity of 400,000 barrels per day and produces high-quality refined products.

Sinopec's presence in Saudi Arabia is a testament to the strong economic ties between China and Saudi Arabia, particularly in the energy sector. The company's expertise and resources contribute to the development of Saudi Arabia's oil and gas industry and strengthen the bilateral cooperation between the two countries.

Founded: 2000

Headquarters: Beijing, China

Office in Saudi Arabia: Qurtoba, Al Khobar 31952, Saudi Arabia

Website: http://www.sinopecgroup.com/group/en/