HONG KONG (AFX-ASIA) – Hong Kong-listed CNPC (Hong Kong) Ltd said wholly-owned subsidiary Bestory Co Inc had agreed to buy a 40% stake for US$10.95 million in CNPC International (Caspian) Ltd (CNPC Caspian) from the group’s parent China National Petroleum Corp (CNPC). CNPC (Hong Kong) currently does not have shares in CNPC Caspian, which is…
CHINA: Hong Kong-listed CNPC’s subsidiary buys 40% stake in Caspian oil co
Posted on December 17, 2003 by EnergyAsia