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13 November 2019 The on-line newspaper devoted to the world of transports 01:27 GMT+1

October 21, 2019

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Total constitutes joint venture in China for the distribution of naval fuel

Agreement with the Zhejiang Energy Group di Hangzhou

The French oil group Total and the Chinese Zhejiang Energy Group Co., society that work in the energetic field, have signed an agreement in order to constitute joint venture that will take care of the commercialization and distribution of fuel to marine use in China, in the region of Zhoushan. The new society will be stopped to 51% from Zhejiang Energy Group through the branch Zhejiang Zheneng Petroleum New Energy and to 49% from Total through the Total branch Investment Lowers.

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