(EnergyAsia, December 21, Friday) — US major Chevron Corporation said its main Chinese subsidiary has signed a 30-year production-sharing contract with state-owned China National Petroleum Corporation (CNPC) to jointly develop the Chuandongbei natural gas area in central China. Chevron will take over the role of operator and hold a 49% stake with CNPC holding the…
CHINA: Chevron, CNPC to jointly develop gas project
Posted on December 20, 2007 by EnergyAsia