SINGAPORE, May 19 (Reuters) - British oil major BP and China's Sinopec Fuel Oil are starting aSingapore-based joint venture in ship fuel storage and sales, BPsaid in a statement on Tuesday.
The 50/50 joint venture will use both companies' existingbunkering locations and activities in Singapore and will providemarine bunker sales around the world, the statement said.
"The ports served by BP Sinopec Marine Fuels Pte Ltd willbe: Singapore; Fujairah, United Arab Emirates; Antwerp, Belgium;Rotterdam and Amsterdam in the Netherlands; Tianjin, Qingdao,Shanghai, Ningbo and Shenzhen, China," the statement said.
(Reporting by Henning Gloystein; Editing by Alan Raybould)