(Energy Analytics Institute, 18.Apr.2024) — Petrobras inked a memorandum of understanding with the China National Chemical Energy Company (CNCEC) covering several areas, especially renewable energies and energy transition.
The partnership also provides for the evaluation of potential commercial agreements in the areas of oil exploration; fertilizer production from natural gas and other sources; production development; refining; biorefining and petrochemicals; engineering, construction and services; as well as research, development and innovation, Petrobras announced 18 Apr. 2024 in an official statement.
The agreement will last two years and will be activated immediately with the joint analysis of fertilizer and petrochemical assets.
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By Steven Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
