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2016-06-27 18:30:00

RUSSIAN-CHINESE PROJECT

КИТАЙСКО-РОССИЙСКИЙ ПРОЕКТ

OGE published, Rosneft CEO Igor Sechin and China National Chemical Corporation Chairman Ren Jianxin have signed Heads of Agreement for cooperation in respect of Far Eastern Petrochemical Company (FEPCO) project.

The agreement provides for the entry of ChemChina into the FEPCO equity capital with a stake of 40% and for the proportional financing. The parties intend to conduct joint analysis aimed at the specification of niche markets for FEPCO products based on the capabilities of the partner that enjoys a robust position in the Asia-Pacific markets.

As part of the strategic partnership, Rosneft and ChemChina have signed a new one-year crude supply contract.

Following the signing of the documents, Igor Sechin said: "The agreement marks a new and important step in the development of FEPCO – one of the largest industrial complexes in Russia. Bringing ChemChina will enable Rosneft to optimize the project financing and co-organize the sale of high-margin products of the future complex at the premium APR markets."

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Earlier: 

CHINEESE MONEY FOR RUSSIA 

CHINA'S OIL PRODUCTION DOWN 

ROSNEFT'S OPTIMISTIC PERCEPTION 

СОТРУДНИЧЕСТВО РОССИИ И КИТАЯ 

СДЕЛКА CNPC И РОСНЕФТИ

 

 

Tags: RUSSIA, CHINA, ROSNEFT, CHEMCHINA, КИТАЙ, РОССИЯ, РОСНЕФТЬ

Chronicle:

КИТАЙСКО-РОССИЙСКИЙ ПРОЕКТ
2018, February, 16, 23:15:00

DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

КИТАЙСКО-РОССИЙСКИЙ ПРОЕКТ
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

КИТАЙСКО-РОССИЙСКИЙ ПРОЕКТ
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

КИТАЙСКО-РОССИЙСКИЙ ПРОЕКТ
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

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