91香蕉国产线观看免费全集|毛片一区二区三区在线电影|国产一区二区三区免费看|欧美三级国产一区二区,老师的香蕉丝袜视频在线 ,亚洲 国产 日韩 av综合,国产精品无码素人福利不卡

The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
logo

The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

ufi

BEIJING, China

March 26-28,2026

LOCATION :Home> News> Industry News

PetroChina to Buy BHP's Stake in Browse LNG Project

Pubdate:2012-12-13 09:25 Source:lijing Click:

PetroChina has agreed a deal to buy ?BHP Billiton's stake in the Browse liquefied natural gas (LNG) project in Western Australia.

China's biggest oil and gas producer will pay $1.63bn (£1bn) for the stake.

Chinese firms have been keen to acquire oil and gas assets in an attempt to meet the growing energy demand in China prompted by its economic growth.

Earlier this month, China's CNOOC got the nod from Canadian authorities to takeover oil firm Nexen.

"The main driver of these acquisitions is to source oil and gas for the Chinese market," Tony Regan of consultancy firm Tri-Zen told the BBC.

"Though the domestic production in China is growing, it is never going to be able to keep pace with the growth in demand," he added.

'Bit more security'
 
PetroChina has agreed to buy BHP's 8.3% stake in the East Browse and 20% holding in the West Browse joint venture.

The deal is subject to regulatory approval and other members of the joint venture have a right to match PetroChina's offer.

If approved, it will be the latest in a series of investments by Chinese oil and gas firms this year.

The biggest of those has been CNOOC's takeover of Canada's Nexen for $15.1bn, which invoked concerns in Canada that it may give too much influence to China in Canada's oil and gas sector.

In November, state-owned Sinopec bought French oil firm Total's 20% stake in a Nigerian offshore oilfield for $2.5bn.

In January, Sinopec agreed a $2.2bn deal to acquire a one-third stake in US-based Devon Energy, giving it access to shale deposits in the US.

Also in January, PetroChina announced it had bought the 40% stake that it did not already own in Canada's Mackay River oil sands project for $673m.

According to data compiled by Bloomberg, Chinese firms have announced acquisitions worth $25bn in the oil and gas sector this year.

Analysts said the deals were a part of Chinese firms efforts to secure long term supplies of energy resources.

"They could buy oil and gas from international markets, but I think they are looking for a bit more security by becoming equity partners at the producers of these assets," said Mr Regan of Tri-Zen.

于都县| 金湖县| 达日县| 乐陵市| 江北区| 绥宁县| 枝江市| 阳西县| 阳谷县| 庆城县| 哈尔滨市| 盐源县| 营山县| 梨树县| 德江县| 临夏县| 基隆市| 绥阳县| 桐柏县| 岑溪市| 神农架林区| 石嘴山市| 铜梁县| 利川市| 德钦县| 上高县| 土默特右旗| 邯郸县| 苍梧县| 香格里拉县| 扎鲁特旗| 武安市| 贵州省| 祥云县| 合川市| 岳西县| 武平县| 屯门区| 青冈县| 台北县| 石嘴山市|