UK refinery strikes Chinese deal

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  • xman
    Admin
    • Sep 2006
    • 24007

    UK refinery strikes Chinese deal

    10 January 2011 Last updated at 08:24 ET The operators of Scotland's biggest mainland oil refinery have entered into a deal with a Chinese oil company to support more than 2,000 Scottish jobs.

    Grangemouth refinery operators Ineos announced a joint venture with PetroChina, which will see investment in the central Scotland facility.

    The deal was confirmed after Chinese Vice Premier Li Keqiang arrived for a four-day visit to the UK.

    The UK visit by Mr Li and his delegation aims to promote trade links.

    At the weekend, it was announced that Scotland and China had sealed a major green energy deal, worth $10m (£6.4m).

    It will see technology pioneered in Scotland used at a new renewable energy conversion plant in China.





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