HONG KONG (AFX-ASIA) – China Petroleum & Chemical Corp (Sinopec) 386.HK) is spending less than 8 billion yuan to build two oil pipelines and three terminals, chairman Chen Tonghai said. (US$1=8.27 yuan). The company will spend about 6.7 billion yuan on the two pipelines alone, he told reporters. The first pipeline will transport imported crude…
CHINA: HK-listed Sinopec spends 8 billion yuan to build 2 pipelines/3 terminals
Posted on September 2, 2003 by EnergyAsia