BEIJING (AFX-ASIA) – Moody’s Investors Service has said that PetroChina Co Ltd (HK 0857; NYSE PTR), China Petroleum & Chemical Corp (Sinopec) (SHA 600028; HK 0386; NYSE SNP) and CNOOC Ltd (HK 0883; NYSE CEO) exhibit strong credit characteristics, reflecting their large and long-life reserves and dominant market positions. Terry Fanous, a Moody’s vice-president and…
CHINA: Credit fundamentals of major Chinese oil and gas firms sound – Moody’s
Posted on January 26, 2004 by EnergyAsia