A natural gas shortage this winter – fuelled by Beijing’s war on air pollution – has left some villages in northern China out in the cold, even as gas producers benefit from higher charges made possible by a loosening of the government’s grip on prices they had been longing for years.
As its name suggests, PetroChina Company Ltd is the listed arm of state-owned China National Petroleum Corporation (CNPC). It is China's biggest oil producer, and is listed in Hong Kong, New York, and Shanghai.
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