China's Sinopec to keep buying Russian oil and gas, exec says

President calls purchases 'normal trading cooperation'

20220328 Sinopec

Sinopec is involved in two major projects in Russia, a production joint venture with Rosneft and development of a chemical and processing complex with Sibur.  © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- Chinese state energy company Sinopec will continue to buy crude oil and gas from Russia, a top executive said on Monday, even as Western democracies step up sanctions in response to the country's invasion of Ukraine.

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