Saudi Arabia, China ink energy deal

BEIJING – Saudi Arabia and China inked a deal on energy cooperation on Monday, amid efforts by China to secure overseas oil and gas deposits for its power-hungry economy.

The agreement was signed during a visit to China by Saudi King Abdullah, the first by a Saudi ruler since the two countries formed diplomatic relations in 1990.
Abdullah met with Chinese President Hu Jintao and the two leaders observed the signing of the cooperation agreement covering oil, natural gas and minerals. No financial or other details of the pact were immediately released.

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