Qatar Petroleum,PetroChina and Shell to explore viability of refinery complex in China

摘要

Qatar Petroleum International (QPI),PetroChina Company Ltd and Shell (China) Ltd.have signed a Letter of Intent (LOI) to commence joint preliminary studies to assess the viability of building a refinery and petrochemical manufacturing complex and marketing its products in China.The integrated complex will have world-class production capabilities to produce refined fuels and petrochemical products.PetroChina will have a 51% stake,QPI 24.5% and Shell 24.5% in the joint venture project.