Three Chinese financial institutions will provide up to US$2 billion in financing for a giant petrochemical complex to be built in the Daya Bay Economic and Technical Development zone in Guangdong province, China. The project is a 50/40/10 partnership between Shell Nanhai BV, CNOOC Petrochemicals Investment Ltd., a unit of China National Offshore Oil Corp…
CHINA: Chinese banks to provide up to US$2 b for US$4.3 b CNOOC-Shell petrochemical complex
Posted on November 6, 2002 by EnergyAsia