Hongkong-listed Panva Gas said its wholly-owned subsidiary, Panriver Investments, has entered into an agreement to acquire 61.04% of state-owned Qiqihar Natural Gas from the Qiqihar government for RMB77,215,300. (US$1=RMB8.27). China-incorporated Qiqihar Natural Gas supplies natural gas and liquefied petroleum gas (LPG) to domestic and commercial users as well as operate the gas pipeline network in…
CHINA: Panva Gas to acquire 61.04% of Qiqihar Natural Gas for RMB77.215 million
Posted on November 19, 2004 by EnergyAsia