(EnergyAsia, October 24 2012, Wednesday) — Hong Kong-listed Sinopec Kantons Holdings Limited said it will pay Swiss trader Mercuria Energy Group Limited 128.6 million euros for a 50% stake in its Europe-based oil storage firm as part of their establishment of a new joint venture. (US$1=0.77 euro) With its first foray into Europe, Sinopec Kantons…
CHINA: Sinopec Kantons to use Vesta’s terminals for fuel distribution in Europe
Posted on October 24, 2012 by EnergyAsia