BEIJING Jan 10 China's top oil and gas firm
PetroChina (0857.HK) (PTR.N) will announce a deal later on Monday
to invest in refining assets owned by British private firm INEOS,
two industry sources told Reuters.
The deal includes INEOS's Grangemouth refinery in Scotland
and its Lavera refinery in southern France, both of which have
processing capacity of about 200,000 barrels per day.
It was not immediately clear if the deal was a purchase of
100 percent of INEOS's refinery business or a smaller stake.
The sources declined to give a value for the deal.
PetroChina earlier said it would make a statement later on
Monday in relation to Project ALICE, without elaborating or
(Reporting by Jim Bai, Tom Miles and Chen Aizhu)