State-owned China Petroleum & Chemical Corporation (Sinopec), the largest producer and marketer of refined oil products in Asia, has been in talks with a few local oil companies on partly or wholly acquiring some gas stations in Southeast Asia. According to a SinoCast report, the talks went well, but Sinopec declined to provide more details…
CHINA: Sinopec looking to expand into Southeast Asia’s oil retail sector
Posted on June 10, 2004 by EnergyAsia