Sinopec studying BP's terms for SECCO JV exit plan

HONG KONG (Reuters) - State-owned China Petroleum & Chemical Corp (Sinopec) is currently discussing the conditions put forward by British oil and gas major BP plc for its planned exit from their SECCO petrochemicals joint venture, a Sinopec spokesman told Reuters on Tuesday. Reuters earlier reported that BP has hired an investment bank to find buyers for its 50 percent stake in SECCO, a deal that could fetch up to $3 billion. The Sinopec spokesman said the company had not made a decision on