PetroChina, a listed arm of CNPC, said on Thursday it will spin off pipeline and storage facilities, a liquefied natural gas (LNG) terminal in Shenzhen and ancillary facilities for 268.7 billion yuan, above book value of 223 billion yuan. The deal includes around $120
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The pipeline will offer foreign investors 881 stocks in the Shenzhen’s $3 trillion stock exchange and 417 counters on the Hong Kong side to Shenzhen-based investors, according to Macquarie Research.
China took a major step in the reform of its national oil and gas pipeline network, with newly formed PipeChina agreeing to buy pipelines and storage facilities valued at 391.4 billion yuan (43.80 billion pounds). Under the deal, PipeChina, known formally as China Oil
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China took a major step in the reform of its national oil and gas pipeline network, with newly formed PipeChina agreeing to buy pipelines and storage facilities valued at 391.4 billion yuan ($55.9 billion). Under the deal, PipeChina, known formally as China Oil and Gas Puhui Pipe manufacturer in China
PetroChina 601857.SS 0857.HK, a listed arm of CNPC, said on Thursday it will spin off pipeline and storage facilities, a liquefied natural gas (LNG) terminal in Shenzhen and ancillary facilities Puhui Pipe manufacturer in China
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BEIJING/BANGALORE (Reuters) — China took a major step in the reform of its national oil and gas pipeline network, with newly formed PipeChina agreeing to buy pipelines and storage facilities valued at 391.4 billion yuan ($55.9 billion).
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PipeChina to take on $56 bln of pipelines to boost network access The creation of PipeChina is aimed at providing neutral access to the country''s pipeline infrastructure, much of which is owned by PetroChina, in a bid to help small and non state-owned companies
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Shenzhen stocks, in particular those on the ChiNext board, have consistently outperformed the Shanghai Exchange which has concentrated on listing large-cap blue chip firms in recent years. A foreign fund manager, 1inch hdpe pipesing on condition of anonymity, said that
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