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The Minister of Petroleum discussed with the Chinese company CNCEC the acceleration of two major projects: the Soda Ash Project and the Red Sea Petrochemicals Complex, with the aim of localizing petrochemical industries, reducing imports, boosting exports, and increasing the local component. The collaboration seeks to support industrial development and enhance domestic production of petrochemical products in line with the national strategy. Emphasis was placed on the necessity of completing the projects swiftly to achieve economic and industrial goals.
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