Artículos con la etiqueta ‘embargo a Irán’

Wen stresses energy trade with Riyadh

Por • 17 ene, 2012 • Category: Política

Against a backdrop of growing regional tensions over the Iran nuclear issue, Premier Wen Jiabao called for more trade and cooperation in crude oil and natural gas with Saudi Arabia during his state visit there. ”China and Saudi Arabia should keep deepening cooperation in the face of changeable and complicated regional and international trends,” Wen said in Riyadh on Saturday. ”Both sides must strive together to expand trade and cooperation, upstream and downstream, in crude oil and natural gas,” noted Wen, who will also visit the oil and gas producing countries of Qatar and the United Arab Emirates. Under the agreement, Aramco will hold a 62.5 percent stake in the Yanbu Aramco Sinopec Refining Co joint venture, with Sinopec owning the remainder. The refinery project will cost at least $8.5 billion. Wen’s visit came shortly after Iran, China’s third biggest oil supplier, threatened to shut down the Strait of Hormuz in response to Western sanctions against its nuclear program.