"Our agreement today with Norinco and the Liaoning province is a clear demonstration of Saudi Aramco's strategy to move beyond a buyer-seller relationship to one where we can make significant investments to contribute to China's economic growth and development," said Saudi Aramco CEO Amin Nasser. "Our participation in the integrated refining and petrochemical project in Panjin will strengthen our collaborative efforts to enhance energy security, revitalize key growth sectors and industries in Liaoning and also meet rising demand for products and goods in China's Northeast region."