Shares in Liquefied Natural Gas are up over 10 per cent as the company confirmed it has agreed to sell a 20 per cent stake to Chinese state-owned oil and gas giant CNPC for around $25.6 million.
LNG says CNPC subsidiary, China Huanqiu Contracting & Engineering Corporation, would become LNG's largest shareholder after the purchase of the 19.9 per cent stake.
[Read more]
Source: The Sydney Morning Herald
Euro Exchange Rate
0 comments:
Post a Comment