(EnergyAsia, December 13 2011, Tuesday) — China Petrochemical Corp (Sinopec), Asia’s biggest oil refiner, has agreed to raise its 15% holdings in a US$20 billion liquefied natural gas (LNG) project in Queensland state to 25%. Sinopec Group, which paid US$1.5 billion for its initial 15% stake in the Australia Pacific LNG Pty Ltd project in…

This article is for Subscriber members only.
Log In Register