Trans-Asia gas pipeline

  • China Oil Major Sells its Trans-Asia Gas Pipeline Assets

    China Oil Major Sells its Trans-Asia Gas Pipeline Assets

    Wednesday, 30th December 2015
    China National Petroleum Corporation (CNPC), the country's biggest oil company has sold 50% of its interest in the Trans-Asia Gas Pipeline Co. for $2.3-2.4b, far below the market price, to China Reform Holdings Corporation, a state-run asset management firm.