Shandong Huanya International, a Chinese company in the energy industry chain, has signed a cooperation framework with the Public Investment Fund of Saudi Arabia to enhance cooperation in the field of liquefied natural gas and oil resources. The Public Investment Fund will invest $7 billion in LNG terminals and pipeline projects in Shandong Province, while establishing oil and gas joint ventures in oil-producing countries.
Shandonghuayu cooperates with Public Investment Fund for oil and liquefied natural gas projects
