日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

  Home>News Center>China
       
 

Shell, Sinopec launch $187m service venture
(Agencies)
Updated: 2004-08-30 16:55

Anglo-Dutch oil giant Royal Dutch/Shell and China Petroleum and Chemical Corp (Sinopec Group) have launched a US$187-million service station joint venture, the companies said.

The new venture, Sinopec and Shell (Jiangsu) Petroleum Marketing Co., will develop and operate a network of about 500 service stations in eastern Jiangsu province, they said in a joint statement.

Sinopec holds a controlling 60 percent stake in the new company, which has registered capital of 830 million yuan (US$100 million), according to the terms of the deal signed over the weekend.

Shell China Holdings BV holds a 30 percent stake and Shell (China) Ltd holds 10 percent.

Some 180 service stations will start operating in Suzhou, one hour west of Shanghai, by the end of this year, with another 100 petrol stands to be set up in neighbouring Wuxi and Changzhou by end 2005.

The new company will buy or lease the service stations from Sinopec's existing network as well as develop new sites.

Sinopec will be the exclusive fuel supplier to the joint venture.

"The joint venture represents another step in our cooperation," Sinopec vice chairman and president Wang Jiming said.

"In the spirit of complementary long-term cooperation, mutual benefit and co-development, Sinopec and Shell commit to cooperating for the growth of the joint venture and the benefit of the two companies."

The new joint venture comes on the heels of Sinopec's agreement with Exxon Mobil Corp and Saudi Arabia's Aramco on the design work for a 3.5 billion dollar expansion of an existing refinery and the addition of a chemical complex in the southern Chinese province of Fujian.



 
  Today's Top News     Top China News
 

Triumphant Olympics end with pride, relief

 

   
 

Miracles lift China up at Athens Games

 

   
 

Shell, Sinopec launch $187m service venture

 

   
 

China amends disease law, bans blood trade

 

   
 

Tens of thousands protest Bush in NYC

 

   
 

Price rise sparks inflation concerns

 

   
  Hu calls on diplomats to better serve country
   
  China amends disease law, bans blood trade
   
  Macao gives Ho new mandate
   
  West-east gas pipeline nears completion
   
  Catholic church receives revival
   
  Price rise sparks inflation concerns
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 成人二区 | 插下面视频| 欧美黄色网 | 亚洲一区二区三区免费在线观看 | 国产欧美日本 | 伊人网站 | 视频一区二区久久 | 亚洲国产系列久久精品99人人 | 成人黄色在线视频 | 午夜看片在线观看 | 毛片基地看看成人免费 | 日韩av不卡在线 | 精品一久久 | 国产成人精品日本亚洲麻豆 | 中国黄色一级生活片 | 天天干天天天天 | 国产精品亚洲第一区二区三区 | 婷婷精品 | 97超碰人人草 | 丰满岳妇乱一区二区三区 | 国产精品免费在线播放 | 国产四区 | 波多野中文字幕s | 国产精品外围在线观看 | 亚洲AV久久久噜噜噜久久 | 国产中文字幕在线 | 国产精选91热在线观看 | 国产日韩欧美一区 | 午夜一区二区三区 | 在线a人片免费观看国产 | 国产中文字幕一区 | 欧美一级www片免费观看 | 国产一级做a爰片在线 | 成人在线小视频 | 精品日本三级在线观看视频 | 成人在线免费观看网站 | 欧美日韩国产一区二区三区 | 亚洲看看| 国产精品乱码一区二三区小蝌蚪 | 亚洲免费在线播放 | 日韩国产无矿砖一线二线图 |