A statement from the Chinese company said the deal represents strategic importance by helping improve the securityof gas supply to Beijing city as well as enhancing the group’s industry position in the gas distribution sector. Photo: Reuters

Beijing Enterprises shares plunge after buying minority stake in Russian oil and gas producer

BJE’s maiden foray into upstream production. Official signing witnessed by Premier Li Keqiang and Russian Prime Minister Dmitry Medvedev

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A statement from the Chinese company said the deal represents strategic importance by helping improve the securityof gas supply to Beijing city as well as enhancing the group’s industry position in the gas distribution sector. Photo: Reuters
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