(EnergyAsia, April 20 2010, Tuesday) — Chinese state-owned firm PetroChina has set aside a budget of at least US$60 billion to acquire overseas oil and gas assets over the next decade, pitting it against international oil majors and other state-owned companies. Jiang Jiemin, PetroChina chairman, has set a long-term goal for the company to become…
CHINA: PetroChina lines up US$60 billion budget for overseas acquisitions
Posted on April 19, 2010 by EnergyAsia