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.

PetroChina aims to lift gas output by 23.7 per cent between last year and 2020. Photo: AP

PetroChina seeks more ‘Belt and Road’ acquisitions

State-backed PetroChina will step up its acquisition efforts in nations covered by President Xi Jinping’s “Belt and Road Initiative” and boost gas output to meet rising demand stemming from Beijing’s war on pollution, according to its chief.