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United Kingdom

Kunlun Energy Company Ltd (0135.HK)

0135.HK on Hong Kong Stock

9.25HKD
16 Nov 2018
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Thu, Nov 15 2018

PetroChina's gas marketing consolidation worries independent sellers - sources

BEIJING, Nov 15 PetroChina will merge its wholesale natural gas sales unit with retail provider Kunlun Energy to shore up profits though the move worries independent gas sellers that fear the combination will create a monopoly.

China's CNPC plans internal consolidation to fast-track gas storage upgrade -officials

* Suppliers urged to own storage able to cover 10 pct of sales

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