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Sinopec’s planned divestment heralds non-state investment in oil sector

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Listen: Sinopec’s planned divestment heralds non-state investment in oil sector

The Chinese oil sector is traditionally controlled by the state but this seems about to change as China’s largest refiner, Sinopec, announced plans to seek investment for its oil product marketing and retail division. Song Yen Ling, Platts senior writer for oil and gas news, discusses the advantages of this move and what it means for industry players.


This is the latest in a series of weekly podcasts aimed at highlighting significant news stories from around the energy world. Check back every week for the latest update.


We welcome any feedback or suggestions for topics. Contact us at webeditor@platts.com.