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Fujian JV receives $4bn
2007-09-08 - AME Info | Saudi Arabia | Latest News - The Fujian Refining and Petrochemical Company, a joint venture (JV) between Saudi Aramco, ExxonMobil and Sinopec, has received a $4bn loan from a group of Chinese banks, reported Reuters. The cash will be used to fund the construction and operation of the Chinese oil facility. The loan comprises long-term finance and also working capital in both US dollars and Chinese yuan.  

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