Cases & Deals

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).