China National Petroleum Corp., the country’s largest energy company, will expand its network of oil and natural gas pipelines by 80 percent in the five years through 2015 to supply the world’s fastest-growing major economy.
The parent of Hong Kong-listed PetroChina Co. plans to add 40,000 kilometers (25,000 miles) of pipelines to its existing network of 50,000 kilometers, CNPC said in its online newsletter.
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Source: Bloomberg
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