Indonesia, 3rd August - Sinopec subsidiary, Sinopec International Exploration and Production Corporation intends to acquire 18-percent stakes in Chevron’s three gas projects in Rapak, Ganal and the Makassar Strait in Indonesia, reports caijing.com.cn, citing a company filing. The acquisition has already won approval from the National Development and Reform Commission (NDRC).
The projects are expected to together have a gas production volume of 2.3 billion cubic meters between 2015 and 2016.
Sinopec previously spent $680 million yuan to participate in Chevron’s Gendalo-Gehem deep water gas project in Indonesia. - CapitalVue
The projects are expected to together have a gas production volume of 2.3 billion cubic meters between 2015 and 2016.
Sinopec previously spent $680 million yuan to participate in Chevron’s Gendalo-Gehem deep water gas project in Indonesia. - CapitalVue
No comments:
Post a Comment