VOL. XLV

No 43

28-October-2002

SAUDI ARABIA

ExxonMobil And Sinopec To Strengthen Strategic Alliance

ExxonMobil and China Petroleum and Chemical Corporation (Sinopec) on 21 October signed an agreement to strengthen their strategic alliance and proceed with joint ventures in Fujian and Guandong provinces, the former of which has Saudi Aramco participation. The Fujian project involves a proposal, approved by the Chinese Government in 2000 (MEES, 2 October 2000), to expand the capacity of the...