Cost of Sinopec-Kuwait’s China venture may hit $7.8bn
Sinopec, Kuwait’s planned oil-processing and chemical venture with China Petroleum and Chemical Corp. in Guangdong province may cost $7.8bn, Bloomberg has reported. The complex, due to start operations by 2013, will overtake Exxon Mobil Corp.’s $5bn Fujian project as China’s biggest refining venture with an overseas partner. The project will have a refining capacity of […]