Saudi Aramco signs first LPG contract with Chinese chemical group

BEIJING, May 18 (Reuters) -- Saudi Aramco has entered its first annual liquefied petroleum gas (LPG) supply contract with a Chinese chemical producer, with the first shipment arriving at an eastern China port earlier this week, the Chinese firm said.

The contract, for supplies on a free-on-board basis, was worth about $200 million/year, said China Wanhua Chemical Group.

(Reporting by Chen Aizhu; Editing by Himani Sarkar)

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