China’s Sinopec pauses Russia projects, Beijing wary of sanctions Posted on March 28, 2022 by cngpump The move by Asia’s biggest oil refiner to hit the brakes on a potentially half-billion-dollar investment in a gas chemical plant and a venture to market Russian gas in China highlights the risks of unexpectedly heavy Western-led sanctions. Related posts: The Mukesh Ambani-Gautam Adani rivalry is about to get intense CNG Pump Near Me In Mumbai Euro zone in trade deficit for third month as energy costs surge Industrialist Gautam Adani explores partnerships with Saudi Aramco INOX to invest Rs 750 crore to set up Oxygen plant at SAIL Bokaro EU launches new sanctions against Russia, targets energy sector Indian Oil buys 3 million barrels Russian Urals crude via tender India, Russia discuss ongoing & potential joint energy projects Oil PSUs readying to buy discounted Russian crude Here’s how oil’s historic surge is impacting Asia stock markets