Monday, December 28, 2015

China Petroleum and Chemical Corp Buys 10% Stake In Sibur

This is another very good example of a Chinese outbound investment in the energy sector. State owned China Petroleum and Chemical Corp, popularly known as SINOPEC, agreed to acquire a 10% minority stake in Sibur, Russia's leading oil and gas company.

http://www.chinabusinessnews.com/2001-china-petroleum-and-chemical-crop-buys-10-stake-in-sibur/

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