China's Sinopec Bows Out Of Russian Petchem, Gas Projects China's state-run oil refiner, Sinopec, has paused discussions with Russia about a petrochemical investment and a deal to market Russian gas in China, Reuters sources suggested on Friday.
Reuters sources have suggested that the reason for the pause in talks is due to China's wariness over its own companies butting up against Western-levied Russian sanctions.
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Ref. https://oilprice.com/Latest-Energy-News/World-News/Chinas-Sinopec-Bows-Out-Of-Russian-Petchem-Gas-Projects.html