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Top Chinese oil producer, China National Petroleum Corp (CNPC), said it will sell 20 billion yuan ($3.18 billion) in six-month super short-term commercial paper (SCP) on Thursday, March 1.
This confirms a Reuters story last week citing sources saying that CNPC would sell 20 billion yuan in six-month SCP.
The underwriting source also said CNPC would sell 20 billion yuan in medium-term notes.
Unconventional natural gas has become a global hotspot. It is changing the pattern of the world energy. Shale gas will become one of the three energy resources in the next 20 years. Read More >
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