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Explainer-Shell’s Singapore refinery sale and its market significance
Aggregated Source: ChinaLegalBlog.com

By Trixie Yap

SINGAPORE (Reuters) – Oil giant Shell said on Wednesday that it has agreed to sell its Bukom refinery in Singapore – one of the world’s largest oil refining and trading centres – to a joint venture of Indonesian chemicals firm PT Chandra Asri and global trading house Glencore, culminating a process that began last year.…

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