Exclusive: China's Sinochem to transfer WEPEC refinery stake to PetroChina, seeks trader role - sources

Chinese state-run oil and chemicals group Sinochem is in advanced talks to transfer its 33.6 percent stake in a debt-laden refinery to state giant PetroChina, part of Sinochem's plan to shed non-core assets ahead of a $2 billion listing of its energy arm, people briefed on the matter said.

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