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Sabic-Sinopec Consortium Gets Green Light for Trinidad MTO Project

3:22 AM MST | February 10, 2012 | Natasha Alperowicz

The government of Trinidad & Tobago has authorized the Ministry of Energy to start negotiations with a consortium of Sabic and Sinopec (Beijing) on its proposed plan to build two petrochemical complexes using methanol as feedstock at a combined cost of $5.3 billion, Energy Minister Kevin Ramnarine said Thursday, according to a report in the Trinidad Guardian.   The go-ahead came despite concerns raised by U.S. Ambassador to Trinidad, Beatrice Wilkinson-Welters about the selection process “Cabinet has authorised the Ministry of Energy, together...

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