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PetroChina to acquire 51.89% stake in CNPC (Hong Kong)

PetroChina Company Limited (PetroChina) is to buy a 51.89-percent stake in CNPC (Hong Kong) Limited from its parent company, China National Petroleum Corporation (CNPC), in a bid to further expand its gas business. The stake would cost 972 million... ...full story at People's Daily

from People's Daily on Thu, Aug 28 2008

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