PetroChina, QPI, and Shell Ink Deal for Taizhou Complex

Voser: Shell moves forward with Taizhou venture. China National Petroleum Corp. (CNPC), the parent of PetroChina; Qatar Petroleum International (QPI); and Shell signed an agreement recently to proceed with a previously announced refinery and petrochemical complex at Taizhou, Zhejiang Province, China. The partners signed a framework agreement with the Taizhou municipal government last October. Shell Chemicals confirms CW to that “PetroChina, Shell, and QPI have signed a joint venture heads of agreement in Doha to progress the proposed integrated refinery...

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