(EnergyAsia, August 10 2010, Tuesday) — Japanese trading house Marubeni Corp said it and China’s Sinopec have agreed to jointly invest US$1 billion to develop oil and gas projects in Africa over the next five years. Separately, they have agreed to build an oil refinery on the continent. Marubeni said it will also cooperate with…
JAPAN: Marubeni, Sinopec agree to jointly invest in African oil and gas projects
Posted on August 9, 2010 by EnergyAsia