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PetroChina to sell stake in oilfields

By Du Juan | China Daily | Updated: 2014-11-27 06:47

Design part of giant's move to a model featuring mixed ownership

PetroChina Co Ltd, the country's top oil and gas producer, plans to sell 35 percent stakes in two of its major oilfields to private investors, in an attempt to introduce mixed ownership of its assets.

According to a report on the business news website jiemian.com on Tuesday, the Jilin and Dagang oilfields, both owned by PetroChina, are among a list of assets set to be split off.

PetroChina to sell stake in oilfields

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