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Chinese officials were in discussions with US oil major ExxonMobil over a $10 billion investment in the southern province of Guangdong. Chinese state media reported on Friday.
The Chinese state television reported. citing no direct source. that China’s Prime Minister Li Keqiang and the US oil giant’s CEO Darren Woods. quoting the Chinese premier welcoming the oil firm’s large investment in the country.
The news after Exxon said on Thursday that it entered into a provisional deal to establish a petrochemical complex. and to pump an investment in a liquefied natural gas terminal (LNG) in China.
While providing a specific number. the US company stated that it would invest billions of dollars.
