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Sinopec to Plow Cash Into Natural Gas as Climate Targets Loom

2021年05月05日 19:36 来源于 财新网
The Chinese state energy giant plans to double its LNG trading volume by 2025
A view of Sinopec Natural Gas Company Tianjin LNG receiving station on January 7. Photo: VCG

China Petroleum & Chemical Corp. (600028.SH/0386.HK) plans to invest 200 billion yuan ($30.9 billion) over the next five years to double the size of its natural gas business, as the country’s energy giants look to bring themselves in line with national climate goals.

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