Nov 22, 2010

CNPC Overseas Output to Be 50% of Total by End-2015



China National Petroleum Corp., the country’s biggest oil and gas producer, said it expects overseas output to account for half of its overall production by the end of 2015.
Output in Central Asia will expand “rapidly” during the 2011 to 2015 period, the parent of PetroChina Co. said in a statement on its website today. CNPC has operations in 29 countries including Kazakhstan.
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Source: Bloomberg

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