China's Sinopec signs $4 billion joint venture deal with Saudi Aramco's unit

-1.11%

LUBEREF

2223.SA

98.40

-1.11%

April 28 (Reuters) - China's state-run Sinopec 600028.SS signed a joint venture agreement with a unit of Saudi Aramco 2223.SE for port operation, crude oil transportation and other services, it said on Monday.

The registered capital of the joint venture company will be 28.80 billion yuan ($3.95 billion).

($1 = 7.2975 Chinese yuan renminbi)

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com;))

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