(EnergyAsia, October 10) — French oil and gas major Total said it has signed a second joint venture agreement with China’s Sinochem to set up a network of 300 service stations in the provinces of Jiangsu, Zhejiang and Shanghai with an investment of around $100 million. Total said the 49/51 venture in Sinochem’s favour is subject…
CHINA: Sinochem and France’s Total form joint venture to operate retail fuels network
Posted on October 10, 2005 by EnergyAsia