NewsFlashPetroChina agrees framework refinery JV deal with INEOS

10 January 2011 13:23  [Source: ICIS news]

LONDON (ICIS)--PetroChina has entered into a framework agreement with INEOS to form joint ventures for trading and refining activities at Grangemouth in Scotland and Lavera, France, it said on Monday.

The companies would work towards the formation of the proposed joint ventures by the end of June 2011, PetroChina said. No financial details were immediately available.

By: Graeme Paterson
+44 20 8652 3214

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