Shandong with state-run coal miner to fund mega refinery complex

Shandong with state-run coal miner to fund mega refinery complex
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13.12.2021

MOSCOW (MRC) -- China's Shandong province, the country's main independent oil refining hub, has turned to a deep-pocketed state-run coal miner to help fund a petrochemical complex it sees as key to the region's industrial future, said Reuters.Shandong Energy Group, a provincial government-backed coal producer and utility operator, is set to take a 46.1% stake in the USD20 B Yulong Petroch

Full article at mrcplast.com

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