Chinese firm inks deal to construct modern oil refinery in South Sudan

By Denis Elamu and Lin Jing

World
Saturday, 24 Aug 2024
1:07 AM MYT

JUBA, Aug. 23 (Xinhua) -- Chinese firm Shengli Oilfield Keer Engineering and Construction Company (SOKEC) on Friday signed an agreement with South Sudan's state-owned Nile Petroleum Corporation (NILEPET) to construct modern oil refinery and storage facilities in South Sudan.

President of SOKEC Wu Song and Managing Director of NILEPET Muhammad Lino Benjamin signed a Memorandum of Understanding which will see the Chinese firm immediately begin investing in South Sudan.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
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HSI-CWEJ	0.160	0.170	0.160	0.165	0.010	6.45	2,311,283
HSI-CWEO	0.145	0.155	0.140	0.145	0.000	0.00	2,290,449
HSI-PWD7	0.225	0.235	0.215	0.225	-0.025	-10.00	2,235,663
HSI-CWCY	0.165	0.170	0.155	0.160	0.005	3.23	972,203
CLITE	0.230	0.240	0.220	0.230	-0.020	-8.00	704,818
HSI-PWFM	0.140	0.155	0.135	0.155	0.010	6.90	704,107
HSI-CWCM	0.160	0.170	0.145	0.160	0.015	10.34	588,593
XIAOMI-C36	0.220	0.220	0.215	0.220	0.005	2.33	549,028
HSI-PWFJ	0.205	0.210	0.195	0.205	-0.005	-2.38	500,007
RENEUCO	0.050	0.060	0.045	0.045	-0.005	-10.00	359,345
PBBANK	4.440	4.500	4.430	4.470	0.030	0.68	287,867
PERTAMA	0.155	0.155	0.125	0.135	-0.020	-12.90	287,742
DENGKIL	0.230	0.250	0.225	0.245	0.015	6.52	279,888
BORNOIL-WE	0.005	0.005	0.005	0.005	0.000	0.00	242,700

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