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China may open oil, gas sector to private investment
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Reportedly, China may open its energy sector to private investors in the fields of oil and gas exploration, coal gas pipelines and power grids.
Private investors may be allowed to participate in the oil and gas exploration including the oil and gas pipelines sectors under the condition that China Petrochemical Corp and China National Petroleum Corp to hold major stakes.
In addition, coal gas pipelines and power grids may be fully open to private investment.
News Date
6/19/2012 2:03:33 PM
reported by
Ren Jhuang
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