CHINESE, INDIAN, IRANIAN FIRMS EYE $10 BILLION REFINERY IN BRAZIL | REUTERS

RIO DE JANEIRO (Reuters) - Chinese, Indian and Iranian firms are discussing a partnership to invest between $7 billion and $10 billion to build a new oil refinery in the state of Maranhão in northeastern Brazil, a government official said on Friday. Negotiations over the refinery, with proposed capacity of 300,000 barrels per day, are ongoing between the companies and local officials, Oil and Gas Secretary Márcio Félix said. The post Chinese...

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Brazil: Brazil ibrzl , officially the Federative Republic of Brazil ), is the largest country in both South America and the Latin American region. It is the world's fifth largest country, both by geographical area and by population.[10] It is the largest Lusophone country in the world, and the only one in t
- Brazil Wikipedia
Friday: Friday is the day between Thursday and Saturday. In countries adopting Monday-first conventions as recommended by the international standard ISO 8601, it is the fifth day of the week. It is the sixth day in countries that adopt a Sunday-first convention, as in the Abrahamic tradition. In other coun
Negotiations: Negotiation is a dialogue between two or more people or parties, intended to reach an understanding, resolve point of difference, or gain advantage in outcome of dialogue, to produce an agreement upon courses of action, to bargain for individual or collective advantage, to craft outcomes to satisfy
Reuters PhotoReuters: Reuters rtrz is an international news agency headquartered in New York, United States, and a division of Thomson Reuters. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data. Since the acquisition of Reuters