BAKU, Azerbaijan, November 4. Aramco strengthened its global downstream portfolio in the third quarter of 2025 through new international ventures and expanded ownership in key assets, reinforcing its reputation as a reliable partner in refining and petrochemicals, Trend reports.
During the first nine months of the year, Aramco’s downstream operations utilized around 54% of the company’s crude oil production, maintaining a supply reliability rate of 99.9%.
Key developments included Aramco’s initial investment in a major integrated refining and petrochemical complex in China’s Fujian province. The company, alongside its partners Sinopec and Fujian Petrochemical Company Limited, established the Fujian Sinopec Aramco Refining and Petrochemical Co. Ltd., in which Aramco holds a 25% stake. The project, expected to be completed by 2030, will feature a 320,000-barrel-per-day refinery and advanced petrochemical units, including ethylene and paraxylene production facilities.
Aramco also completed the acquisition of a 25% equity stake in Unioil Petroleum Philippines Ltd., expanding its retail network in Southeast Asia. Unioil operates over 175 retail stations and four storage terminals across the Philippines.
In addition, Aramco acquired an additional 22.5% stake in Petro Rabigh from Sumitomo for approximately $0.7 billion, raising its ownership to around 60%. The transaction includes full marketing rights for Petro Rabigh’s products, strengthening Aramco’s role in the integrated refining and petrochemical complex and supporting ongoing efforts to boost high-margin product yields and operational reliability.
