Wednesday, 18 September 2019 07:31 GMT
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BP, Shell to reveal multi-billion deals with China




(MENAFN) BP and Shell, Britain's oil giants, will reveal a multi-billion agreement to supply China with liquefied natural gas (LNG), The Telegraph reported. BP is forecasted to announce a USD8.48-billion worth deal as part of China's plan to reduce its carbon radiances. Meanwhile Shell has inked an agreement with the state-owned energy giant, China National Offshore Oil Corporation (CNOOC), to work on global projects. The deals will lead a number of deal announcements worth more than USD30.56 billion, as reported by Sky News.


BP, Shell to reveal multi-billion deals with China

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