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Report: Chinese Investors Seeking Stake
in Saudi Oil Company Aramco

Original Article

Posted By: OhioNick, 4/30/2021 4:32:15 AM

Reuters reported Wednesday that “major Chinese investors” are in talks to buy a stake in Saudi Aramco, the national oil company of Saudi Arabia. Saudi Crown Prince Mohammed bin Salman (MBS) mentioned the possibility of selling some Aramco stock in a television interview Tuesday. “I don’t want to give any promises but there’s a discussion for acquisition of one percent of one of the pioneer companies for energy that will be a great deal to enhance the sales of Aramco in the country of this company,” he said. “I cannot mention the name but it’s a huge company, and obtaining one percent will reinforce the industries of Aramco and will promote that.”

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Reply 1 - Posted by: OBX Pete 4/30/2021 6:14:38 AM (No. 771325)
If the Chinese get partial control over Saudi Aramco and other oil companies across the world we can look for $10.00 per gallon 0f gas (or more) in short order. No thanks Mr. Biden for cutting back on oil and natural gas production that made us the world's leader in those areas. How much longer are we going to allow this America hater to continue in the destruction of America ? He MUST be removed from office as soon as it can legally be done.
9 people like this.

Reply 2 - Posted by: Nimby 4/30/2021 8:13:37 AM (No. 771394)
With 10% to the BIG GUY
3 people like this.

Reply 3 - Posted by: MattMusson1 4/30/2021 9:05:29 AM (No. 771458)
China is the biggest importer of Middle Eastern Oil. So, let's just let the Middle East oil wars be their problem. The Only US state buying ME oil is California, (because they won't build a pipeline to the SouthWest). So fine. Let the Chinese keep the straits open. Let the Chinese deal with the Hutus and the Iranians and the pirates, etc. We are tired of paying the bills with American blood and treasure.
4 people like this.

Reply 4 - Posted by: harleynyc 4/30/2021 9:22:49 AM (No. 771480)
A nightmare watching China gobble up the world.
1 person likes this.

Reply 5 - Posted by: synchronicity 4/30/2021 10:59:29 AM (No. 771581)
If the Saudi's are ready to sell part of their oil company I'd bet there ain't much oil left in the ground.
0 people like this.

Reply 6 - Posted by: DVC 4/30/2021 12:16:45 PM (No. 771629)
They will parlay this into some really nefarious control. Or at least try.
1 person likes this.

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