Sinopec in talks to buy stake in oil storage terminal

Sinopec in talks to buy stake in oil storage terminal
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

27.04.2020

MOSCOW (MRC) -- Chinese state energy company Sinopec is in early-stage talks with Hin Leong Trading Pte Ltd to buy a stake in an oil storage terminal that is partly owned by the Singapore trader, reported Reuters with reference to three sources with knowledge of the matter.The sale could provide much needed cash for family-owned Hin Leong, one of Asia's biggest independent traders.The co

Full article at mrcplast.com

Back

news