Sinopec Begins Construction of First Liquefied Natural Gas Terminal

TOKYO, JAPAN--October 25, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--In September, China Petroleum and Chemical Company (NYSE:SNP) (Sinopec) (Beijing), China's third-largest petroleum company, announced that it had begun construction on Phase I of its first liquefied natural gas (LNG) terminal in the Qingdao Industrial Zone, in Shandong province.

Other companies featured: Exxon Mobil Corporation (NYSE:XOM), PetroChina Company Limited (NYSE:PTR)