BEIJING (AFX-ASIA) – China National Petroleum Corp (CNPC) plans to invest US$1 billion jointly with Sudan to create the African country’s largest oil refinery, the China Daily reported, citing comments made by the Sudanese ambassador to China. The deal is expected to signed “within the coming months.” Of the new capital, US$300 million is being…
CHINA: CNPC, Sudan to invest US$1 billion in Khartoum oil deal Ð ambassador
Posted on May 28, 2003 by EnergyAsia