HONG KONG (AFX-ASIA) – China Petroleum & Chemical Corp (386.HK) (Sinopec) said the company and its units will enter into 983 lease agreements for retail stations under its parent Sinopec Group in 2003. It expects the aggregate rental payable under the new agreements will be about 120 million yuan, a company statement said. (US$1=8.28 yuan)….
CHINA: Sinopec to lease 983 retail gas station from parent this year
Posted on January 29, 2003 by EnergyAsia