Sinopec's $1.1 Billion Agreement with Saudi Aramco for Natural Gas Pipelines

Sinopec's oilfield service company signed a $1.1 billion agreement to construct natural gas pipelines for Saudi Aramco, aiming to boost natural gas production by 60% by the end of the decade. The project involves tapping into the Jafurah Field, potentially the largest shale gas reserve in the Middle East.