World News and Views :: Top of the News
Qatar Petroleum, Shell, and PetroChina Sign Agreement for Refinery and Petchems Complex in China
5:05 AM MDT | June 24, 2008 | Natasha Alperowicz
Qatar Petroleum International (QPI; Doha), Shell China, and PetroChina say they have signed a letter of intent (LOI) to "commence joint preliminary studies to assess the viability of building a refinery and petrochemicals manufacturing complex" in China and of marketing the complex's products in the domestic market. PetroChina will have a 51% stake, and QPI and Shell will each hold 24.5% in the joint venture. The companies have not revealed the likely location or the expected investment costs. The LOI was signed by Abdulla Bin Hamad Al Attiyah, Qatar's...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee