Contractors Unlimited

Repsol and Sinopec Discuss Future Cooperation

Repsol Repsol Chairman Antonio Brufau and Sinopec Chairman Su Shulin today in Madrid presided over the first joint meeting at the top corporate level between both companies following the agreements reached in Brazil.

At the meeting, both chairmen agreed to create working groups to analyse new business opportunities worldwide.

Both Brufau and Shulin expressed their desire that the Repsol-Sinopec alliance goes beyond the agreement in Brazil.

Quotes by Antonio Brufau and Su Shulin:

Antonio Brufau: "There are significant synergies between Repsol and Sinopec, and the relationship between both companies is ideal to continue reinforcing our alliance worldwide in new business areas."

Su Shulin: "The successful co-operation between Sinopec and Repsol reflects the shared desire of both companies to start a long-term and extensive partnership. We are committed to making every effort to consolidate and develop this relationship with Repsol in the future."

Published 04/01/2011

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Repsol is a fully integrated oil and gas company, operating in over 30 countries. It is one of the ten largest private oil companies in the world and one of the world's largest LNG players. Repsol is the managing general partner in Canaport™ LNG Limited Partnership, the entity that owns and operates Canaport LNG. Repsol has contracted for 100% of the capacity in Canaport LNG. To learn more about Repsol in North America or Repsol international.

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