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Sinopec, CPC ink Oz exploration deal

By Wan Zhihong | China Daily | Updated: 2009-08-13 07:57

Sinopec, CPC ink Oz exploration deal

The offshore block has geological gas reserves of 13 trillion cubic feet. CFP

Mainland's second largest oil company, Sinopec Group, yesterday said it had agreed with Taiwanese oil producer CPC Corp to jointly explore an offshore block off northern Australia, the second cooperation deal between the two companies.

Sinopec, CPC ink Oz exploration deal

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