A section of the China-Russia east-route natural gas pipeline in Heihe, northeast China’s Heilongjiang province. Photo: Xinhua A section of the China-Russia east-route natural gas pipeline in Heihe, northeast China’s Heilongjiang province. Photo: Xinhua
A section of the China-Russia east-route natural gas pipeline in Heihe, northeast China’s Heilongjiang province. Photo: Xinhua
Energy

China’s state-owned pipeline giant agrees to buy Kunlun Energy assets for US$6.3 billion as consolidation gathers steam

  • Kunlun Energy, a PetroChina subsidiary, will sell a 60 per cent stake in a Beijing gas pipeline and a 75 per cent stake in its Dalian LNG company to PipeChina
  • PipeChina will pay for the Kunlun Energy assets in cash in two instalments

Topic |   Energy
A section of the China-Russia east-route natural gas pipeline in Heihe, northeast China’s Heilongjiang province. Photo: Xinhua A section of the China-Russia east-route natural gas pipeline in Heihe, northeast China’s Heilongjiang province. Photo: Xinhua
A section of the China-Russia east-route natural gas pipeline in Heihe, northeast China’s Heilongjiang province. Photo: Xinhua
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