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2009-1-12 10:41:00 a.m. HKT, XFNA
China's CNPC targets 2009 growth of around 5 pct in oil/gas output
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BEIJING (XFN-ASIA) - China National Petroleum Corp (CNPC), the parent of PetroChina, said it aims to boost combined oil and gas production by around 5 pct next year.
CNPC will speed up overseas expansion as lower oil prices and weak asset prices offer opportunities, said general manager Jiang Jiemin.
The company will continue to increase investment next year, Jiang added.
kelly.zang@xfn.com |
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