China's top energy group and its partners Qatar Petroleum and Royal Dutch Shell agreed to push ahead with plans for a $12.6 billion refinery and petrochemical complex in east China which is likely to start before similar rival facilities.
China National Petroleum Corp (CNPC) said on Thursday it and its joint venture partners signed an agreement to cooperate further on the project while Chinese Premier Wen Jiabao was visiting Doha on Wednesday.
"The three parties will cooperate further to push for the implementation of the project. The investment is a major development that will deepen CNPC's cooperations with a major Middle East resource nation and an international oil company," CNPC, parent of PetroChina, said in a statement.
No comments:
Post a Comment