Chinese company will contribute 30% to Pacific Refinery

National Petroleum Corporation (CNPC), the largest oil company in China, will be the third partner in the project, joining the alliance between Petroecuador and Petroleos de Venezuela SA (PDVSA).

Vice President Jorge Glas made the announcement during the 329 broadcast, which was carried out yesterday from Lago Agrio.

The Pacific Refinery will approximately cost 12 billion dollars.