PetroChina reports 23 percent drop in profits amid concern on LNG and pipeline imports
Thursday, 31 October 2019
PetroChina, the Hong Kong-listed arm of China National Petroleum Corp. (CNPC), reported a drop of just over 23 percent in nine-month net profits to 37.25 billion yuan ($5.28 billion) due to a lower oil price and intensified competition in refining as it also faced revenue problems with LNG and pipeline gas imports.
| Subscriber content | ||
 This content is available only to subscribers please log in below or subscribe now / request a free trial |
||
|
|
||
font size
Published in
Latest News
Tagged under
- PetroChina
- PetroChina LNG
- PetroChina Terminals
- PetroChina LNG regas
- Dalian LNG
- Rudong LNG
- Tangshan LNG
- China LNG imports
- China natural gas pipelines
- Ordos Basin
- Sichuan Basin
- China shale gas
- Chinese LNG cargoes
- Chinese LNG prices
- China National Petroleum Corp
- CNPC
- CNPC earnings
- Yamal LNG
- LNG Canada
- Chinese liquefaction stakes
- China LNG investment
