Falih went on to talk about Saudi Aramco's expanding role in natural gas and chemicals, and its push into the downstream sector through significant investment in refining assets, both at home and abroad. He mentioned that he had recently visited Texas to inaugurate an expansion of the company's joint venture Port Arthur Refinery. Al-Falih also touched on the company's commitment to lead the industry in technology research and innovation, and its important role in serving as the engine of the Kingdom's economy and source of energy. He said that even though Saudi Aramco is already one of the world's largest, most successful enterprises, it is aiming even higher to “unleash its full power and potential" through a transformative change. --MORE
