Over the past 21 years, upholding its mission of providing cleaner energy for better life, Sinopec has been committed to the Kingdom’s economic development, bilateral cultural exchanges and interactions, and the well-being of the Saudi people. The international oil and gas enterprise headquartered in Beijing fully supports Saudi Vision 2030, the Saudi Green Initiative and the Middle East Green Initiative, and strives to facilitate the co-development of the aforementioned initiatives, in addition to the Belt and Road Initiative.
Aiming for common development and prosperity
Over the years, Sinopec has established strong partnerships with Saudi enterprises in many areas, including scitech innovation and R&D, refining and petrochemical investment, crude oil trading, and oilfield service and refining and petrochemical engineering. Yasref, a Sinopec-Saudi Aramco joint venture, has been operating efficiently. The company has implemented more than 20 refining and petrochemical projects in high quality. Sinopec Tech Middle East started operations with focus on oil and gas development, big data and AI, and undertakes multiple research and technical support projects for Sinopec and local businesses. The company offers systematic, international training sessions on a long-term basis in the Kingdom, providing training for young people in the country. Meanwhile, it has kept increasing the local procurement content to create opportunities for industrial and economic development.
Strengthening communication for win-win
Sinopec has always been committed to acting as an ambassador of Sino-Saudi friendship. Three years ago, the company released its first sustainability report of Sinopec in Ƶ, established the Social Responsibility Demonstration Site, and opened the“Sinopec in Ƶ”official accounts on Facebook, Twitter, YouTube and Instagram. “We respect the customs and culture of Ƶ, celebrate the national and traditional festivals of Ƶ and China with local employees and the community, and promote cultural exchanges between our two countries. We stress on compliance and fortify our HSE management system with a strong sense of mission and responsibility to safeguard the physical and mental health of employees and steady business operation. We offer systematic, international training sessions on a long-term basis in the Kingdom, providing training for young people in the country,” the company said in a statement.
Protecting ecology and environment for greater well-being
Committed to sustainable development, Sinopec deploys new technologies, processes and materials as well as efficient and responsible management to reduce the impact on environment wherever it operates. “We protect desert species and the marine environment, carrying out afforestation, ‘Eastern Cleanup,’ coastal cleanup and other activities to further increase the awareness of environmental protection among the public and facilitate the Saudi Green Initiative and the Middle East Green Initiative,” the company said. “Due to our uncompromising high standards, leading technologies and managerial and operating expertise, we actively take part in infrastructure projects in transport, water transmission and public health sectors, with a view to improving local infrastructure and people’s well-being.” Over the past 21 years, Sinopec has constructed more than 30 urban overpasses and passages.
Sincere mutual appreciation, integration and close ties
The “Belt and Road” is a road of mutual respect and trust, a road of win-win cooperation and mutual learning among civilizations. Over the past 31 years, the Sino-Saudi relationship has become a model of BRI. “Looking ahead, along with the implementation of Saudi Vision 2030, we have full confidence in Ƶ’s development prospects. Sinopec will continue to build a long-term stable Sino-Saudi community of energy cooperation and advance our cooperation with Saudi companies and partners in technology, scientific research, environmental protection and investment. We will continue to pursue mutual respect and trust, complementary advantages and win-win results with our stakeholders, contributing to the sustainable and diversified development of the Saudi economy and opening a new chapter of Sino-Saudi cooperation.”
