(EnergyAsia, April 26) — China’s largest oil refiner, Sinopec, said it will purchase the 370,000 cubic metre Qingyi oil depot in Hong Kong from China Resources Petrochemical Corp as it prepares to deal with increasing competition in the country’s oil markets. It is not known if Sinopec will be buying the entire depot or a…
CHINA: Sinopec to buy Qingyi oil depot in Hong Kong
Posted on April 26, 2006 by EnergyAsia