Brief: China Oil And Gas Group Unit Entered Into Funding Agreement With Petrochina Among Others
23/11/2020 11:15
Nov 23 (Reuters) - China Oil and Gas Group Ltd 0603.HK :
* UNIT ENTERED INTO FUNDING AGREEMENT WITH PETROCHINA,
CHONGQING
GAS GROUP, CHONGQING SHALE GAS FUND & CHONGQING KAIYUAN
* FUNDING AGREEMENT REGARDING FORMATION OF JV CO TO
CONSTRUCT
NATURAL GAS STORAGE TANKS
* JV CO FOR REGISTERED CAPITAL OF RMB2 BILLION
* UNIT TO OWN 10% STAKE IN JV CO, WHILE PETROCHINA WILL OWN
45%
STAKE
Source text for Eikon: ID:nHKS8pSBT7
Further company coverage: 0603.HK
((Reuters.Briefs@thomsonreuters.com;))
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