Chinese Companies Set Sights on Asia-Pacific Oil Assets
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摘要:
Fossil fuels may be out of fashion,but sales of foreignowned resources across Asia are expected toattract a broad mix of bidders.Some of Asia's biggest foreignowned oil and gas assets,worth more than US$40 billion,are to be sold in 2017,with potential bidders expected to include Chinese energy companies and sovereign funds.
Assets to be sold include US-based Chevron's US$1 billion (0.94 billion euros)joint ownership stake with China's state-owned CNOOC in an offshore oil field.One of the world's biggest oil and gas companies,Chevron plans to sell about US$10 billion worth of assets,including natural-gas assets in Thailand,by the end of the year.