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BIZCHINA> China Gas
BP to have gradually slimmed its business in China's LPG market
(Gaschina.com.cn)
Updated: 2009-09-10 15:00
BP to have gradually slimmed its business in China's LPG market


BP was reported to have gradually slimmed its business in China's LPG, fuel oil and petrochemical sectors in the past few years due to a change in strategy, according to sources from the industries. According to sz report, Sinopec ZRCC to take back LPG sales right from BPZR (Ningbo) LPG terminal; BP to sell the 500,000 cubic meters BP Ningbo to ZOUEC.

Sinopec ZRCC is expected to take back LPG sales right from BPZR (Ningbo) LPG, according to informed sources. ZRCC plans to kick off further negotiation with BPZR (Ningbo) LPG this Friday on transfer of the right, said the informed sources

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