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One News Page » Category » Asia-Pacific » Wednesday, 4 November 2009 » Sinopec Agrees to Buy Natural Gas From Exxon

Sinopec Agrees to Buy Natural Gas From Exxon's Project in Papua New Guinea

Reported by Bloomberg
on Wednesday, 4 November 2009
(2 weeks ago)

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Nov.
4 (Bloomberg) -- China Petroleum & Chemical Corp.,
Asia's biggest oil refiner, will buy liquefied natural gas from a
$12.5 billion Exxon Mobil Corp.-led project in Papua New Guinea
as China seeks to cut its reliance on more polluting coal.

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