Tuesday 22 May 2007

China Gas

China Gas (384) will form a tie-up with Oman Oil to import gas to mainland. The new venture will import liquefied natural gas and liquefied petroleum gas from Oman and other middle-east countries to China. Oman Oil raised its stake in the company to 7.66% from 7.22% by buying 13.65 million shares at HK$1.76.

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