HONG KONG (AFX-ASIA) – China Petroleum & Chemical Corp (386.HK) (Sinopec) and CNOOC Ltd were lower after the former’s parent and the latter separately acquired stakes in the North Caspian Sea Production Sharing Agreement, which includes among others Kashagan oil field and the Kairan, Aktote and Kashagan SW prospects. Sinopec parent said it will pay…
CHINA: Sinopec, CNOOC lower after Caspian oilfield stake acquisitions
Posted on March 27, 2003 by EnergyAsia