Word: sinopecã
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Neither of these actions, if taken, would further the interests of the University nor strengthen its principled position. Sinopec lacks PetroChina’s clear and prominent relationship with the Sudanese government. Sinopec??s primary involvement with Sudan is in the construction of a pipeline from northern to southern Sudan, which will eventually produce revenues to be split between the Khartoum regime and the fledgling government of south Sudan, which recently ceased a two decades-long war against the north. Where PetroChina dealt solely with the Khartoum government, Sinopec??s revenue-sharing agreement was built into...
...Sinopec??s complex internal governing structure—and its murky relationship to the Sudanese government—have befuddled analysts for years...
...First, Sinopec??s recent history in Sudan is well-documented. Shortly before Sinopec went to the U.S. capital markets in October 2000 for its IPO, the Asia version of The Wall Street Journal revealed that the company was operating in Sudan. Shortly thereafter, Sinopec dropped its operations in Sudan, a move that has been widely attributed to the company’s concerns that its activities in Sudan would diminish investors’ appetites. And just last week, after a brief hiatus from Sudan, Sinopec resumed operations there with the acquisition of a regional oil company that will...