North African crisis disrupts CNPC projects

BEIJING - China National Petroleum Corp (CNPC), the country's biggest oil and gas producer by volume, said it is evaluating losses made in Libya recently and its operations in the North African country had been halted after all of its more than 100 employees were evacuated from the country.

CNPC is very closely watching how the situation in the country progresses, said Li Runsheng, the company's spokesman.

CNPC is the only State-owned oil company that has investments in Libya, mainly focused on pipeline construction projects.