Glencore Singapore forms joint venture with Zhejiang Provincial Petroleum
Client(s) Glencore Singapore Pte Ltd
Jones Day advised Glencore Singapore Pte. Ltd. on the formation of Zhejiang Petroleum Trading Co., Ltd., a joint venture with Zhejiang Provincial Petroleum Co., Ltd. The joint-venture company will be located in the Zhoushan Free Trade Zone in eastern Zhejiang province in China and will trade crude, oil products and liquefied natural gas (LNG).