HONG KONG (AFX-ASIA) – Hong Kong and China Gas (Towngas) (3.HK) and BP are competing for a 24% stake in Shenzhen Gas, the South China Morning Post reported, citing sources close to the deal. Other prospective buyers including Panva Gas Holdings Ltd (8132.HK), South Korea’s LG Gas and Gas de France, withdrew because of Shenzhen…
CHINA: Hong Kong & China Gas, BP interested in Shenzhen Gas stake
Posted on April 28, 2003 by EnergyAsia