CNPC (Hong Kong) claims no privatization plan

Wang Mingcai, chairman of CNPC (Hong Kong) (0135), said the company had not heard any news that the parent would privatize CNPC. He also pointed out that the company now held 3 oil fields projects, including the management of the 3 petroleum exploitation projects in Liaohe, Tibet and Thailand. RMB300 mln was expected to inject in the oil fields mentioned above this year and Tibetan oil fields had accepted about RMB500 mln till now, said he

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