Oil, in the Philippines through Petron, and in the United States using our Motiva joint venture with Shell. And, of course, we are working with Sinopec on downstream projects in the People's Republic of China, in both Fujian and Shandong provinces. Saudi Aramco is also working with international partners to develop two export-oriented refineries in the Kingdom, which will not only help to alleviate the tight global refining situation, but since they are being designed to process heavier crudes, will also address the mismatch between today's crude slate and existing refinery configurations. Even further downstream, we have begun construction with Sumitomo Chemical on a world-class, integrated refining and petrochemical facility at our Rabigh Refinery, and are studying additional domestic petrochemical integration projects. In all of these various projects, we are taking care to protect and preserve the natural environment, and to lighten the carbon footprint of our various operations on the ecosystem," Jumah noted. "We are also expanding the capacity of our Master Gas System, the largest natural gas network of its kind. Although Saudi Aramco is producing and processing gas to power the development and diversification of Saudi Arabia's economy, these operations do have a positive international impact. By using gas as the primary fuel and feedstock for domestic industries and utilities, we are able to redirect crude oil to international markets, helping to meet growing worldwide demand even as we continue to fulfill our domestic obligations. Finally, our regional affiliate offices constitute another important aspect of our business, especially when it comes to Asia. In addition to our subsidiaries in the US and Europe, we have sales & marketing, logistics and purchasing offices in Singapore, Hong Kong, Beijing and Tokyo, with project engineering offices in a number of other Asian cities. This network is charged with listening to our customers, working with our vendors and service providers, helping us understand the complexities of these markets, and articulating the region's needs here in Dhahran. In the years to come, we will continue to invest in Asia and work to attract additional Asian investment in Saudi Arabia, because we believe this is our natural market and that you are our natural partners. Ladies and gentlemen, we have undertaken these various efforts and initiatives because at Saudi Aramco, we understand the difference that a reliable supply of energy makes in the daily lives of individuals, families, larger communities and whole countries," he concluded.
