Word: petrodar
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...recent filing also reveals $90,000 in indirect holdings through Barclays’ iShares MSCI Malaysia Index fund in Petronas, a Malaysian company. Petronas, along with PetroChina and Sinopec, is part of a consortium known as Petrodar, which has invested over $1 billion in the Sudanese oil industry...
MORE SUDAN-LINKED STOCKS PetroChina’s parent company, the China National Petroleum Corporation, and Sinopec are both members of a consortium known as Petrodar that is aiding the Sudanese government in the development of the east African country’s oil industry. The companies’ combined investment in the Sudanese oil industry totals to well over $1 billion, and profits from the industry are a major source of revenue for the Sudanese government...
Another member of the Petrodar partnership is the Malaysian oil firm Petronas. Harvard indirectly owns an estimated $400,000 stake in Petronas via another arrangement with Barclays, the MSCI Malaysia Index Fund...
...Petrodar consortium provides an important source of revenue for the oil-reliant Sudanese government, and profits from the consortium are shared with the government...
...Petrodar consortium provides an important source of revenue for the oil-reliant Sudanese government, and profits from the consortium are shared with the government...