PetroChina to buy natural gas facilities from controlling shareholder in $5.59 billion deal
FILE PHOTO: A 3D printed natural gas pipeline is placed in front of displayed PetroChina logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Chinese state-owned oil and gas company PetroChina said on Tuesday it had agreed with its controlling shareholder to take over three natural gas storage facilities, in a deal worth 40.02 billion Chinese yuan ($5.59 billion).
($1 = 7.1529 Chinese yuan renminbi)