PetroChina Acquires Full Ownership of Three Gas Storage Companies

Reuters12-04

PetroChina Acquires Full Ownership of Three Gas Storage Companies

PetroChina Company Ltd. has entered into agreements to acquire the entire equity interests in three gas storage companies: PetroChina Xiangguosi (Chongqing) Gas Storage Co., Ltd., PetroChina Liaoyou (Liaoning) Gas Storage Co., Ltd., and PetroChina Xinyou (Xinjiang) Gas Storage Co., Ltd. The move is intended to help PetroChina establish gas storage and peak-shaving capabilities that align with its natural gas sales volume, enhancing efficiency and maximizing the benefits of its natural gas industry chain. The company stated that the acquisition, although not part of its ordinary business operations, is being carried out on normal commercial terms and is considered to be in the interests of the company as a whole.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PetroChina Company Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251204-11944961), on December 04, 2025, and is solely responsible for the information contained therein.

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ID: HKEX-EPS-20251204-11944961), on December 04, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.10","shortVersion":"4.35.10","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588857518","isCrawlerRequest":true}