Officials are now negotiating engineering and construction details related to the project with China's Petroleum and Chemical Corp. (Sinopec), Dutra said.
137
Petrobras, Sinopec, Chinese Bank To Construct Pipeline
Officials are now negotiating engineering and construction details related to the project
Brazil's state-owned oil company Petrobras signed a deal with the Chinese Export-Import Bank to finance a $1.2 billion natural gas pipeline construction.
The pipeline is supposed to link Brazil's northern natural gas fields to the country's industrialized south.
Officials originally said it would cost $1 billion, but Petrobras president Jose Eduardo Dutra gave the higher figure following a meeting in Rio de Janeiro of executives from 22 state-owned oil companies from around the world.
Officials are now negotiating engineering and construction details related to the project with China's Petroleum and Chemical Corp. (Sinopec), Dutra said.
Officials are now negotiating engineering and construction details related to the project with China's Petroleum and Chemical Corp. (Sinopec), Dutra said.
Подпишитесь
