Sinopec Joins Effort To Build South Africa Refinery
From Wall Street Journal
PetroSA, South Africa’s national oil company, and China Petroleum and Chemical Corp., known as Sinopec, will build a refinery in the African country that could process several hundred thousand barrels of oil a day and cost several billion dollars to construct.
PetroSA Group Chief Executive Nosizwe Nokwe said Monday that teaming up with the Chinese company would enable the national oil company to complete the “mega” project, which has been in discussion since 2008
