On November 15, Sinochem Group signed a long term crude oil supply agreement with Kuwait Petroleum Corporation for 2018.
Before the agreement was signed, Mr. Frank Ning, Chairman of Sinochem Group held talks with Mr. Nizar Al-Adsami, CEO of Kuwait Petroleum Corporation. The two sides communicated on strategic development, exchanged ideas on future business cooperation opportunities in oil trade and refining & chemicals sector. Both expressed the intention to expand partnership.
Mr. Jiang Zhenghong, Vice President and Mr. Zhong Ren, Assistant President of Sinochem Group attended the talks and signing ceremony.