China's Sinochem Hires Banks for $2 bln IPO of Oil Assets - Sources

The group’s annual turnover of crude and products is about 150 million tonnes, while the combined annual capacity of its three refineries is nearly 25 million tonnes. ($1 = 6.2982 Chinese yuan renminbi)

(Reporting by Matthew Miller in Beijing and Julie Zhu in Hong Kong; Additional reporting by Aizhu Chen in Beijing; Editing by Muralikumar Anantharaman)


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