PetroChina posts profits rise and transfers pipeline and LNG terminal assets from subsidiary to PipeChina

Friday, 30 April 2021

PetroChina, the Chinese oil and gas major listed in Hong Kong and with LNG stakes in Canada and Mozambique, reported an 8.4 percent rise in first-quarter revenues and a return to profits after losses in the same three months of 2020, as it also completed the hand-over of control of the Dalian LNG terminal to the new state-owned energy infrastructure company.

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