Natural Gas World
  • Natural Gas News

    PetroChina, Sinopec Ink Gas, Oil Deal With Zhejiang Government

    old

Summary

Chain Securities Journal reported Wednesday that PetroChina and China Petroleum & Chemical Corp (Sinopec) have signed an agreement with the Zhejiang government on six petrochemical projects worth $22 billion.

by: Shardul

Posted in:

Asia/Oceania

Print This Article

PetroChina, Sinopec Ink Gas, Oil Deal With Zhejiang Government

Chain Securities Journal reported Wednesday that PetroChina and China Petroleum & Chemical Corp (Sinopec) have signed an agreement with the Zhejiang government on six petrochemical projects worth $22 billion.

The agreement deals with the development of natural gas and oil supplies.

PetroChina along with Zhejiang government would promote a project in Taizhou and would build compressed natural gas and liquefied natural gas plants for PetroChina Kunlun Gas Co and Quzhou government.

Role of Sinopec would be to develop a natural gas pipeline between Xinjiang and Zhejiang, and Wenzhou Sinopec LNG projects.

Related Articles