A liquified natural gas(LNG) storage tank at PetroChina's receiving terminal at Rudong port in Nantong, Jiangsu province on September 4, 2018. Photo: REUTERS

PetroChina flags a US$1.5 billion writedown from selling assets, even as its 2018 net income doubles

  • The oil company posted a non-recurring loss of 10 billion yuan from the sale of certain oil and gas, as well as fixed assets
Topic |   PetroChina

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A liquified natural gas(LNG) storage tank at PetroChina's receiving terminal at Rudong port in Nantong, Jiangsu province on September 4, 2018. Photo: REUTERS
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