April 21, 2021

China firm seeks state financing for $5.5 bln Caribbean oil project

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By Chen Aizhu | BEIJING From Reuters Nov 2 Commodity trader Guangdong Zhenrong Energy Co. Ltd is in talks to secure funding for a $5.5 billion plan to upgrade a Caribbean oil refinery and build a natural gas terminal, giving China a foothold in a strategic oil hub. The project, which the state-owned firm aims […]