PetroChina’s Jan-Sep natural gas profit rises 25% on year to $2.7 bil

PetroChina’s operating profit from its natural gas business rose around 24.5% year on year to Yuan 19.48 billion ($2.66 billion) in the first nine months of 2023, helped by the ongoing market-based reforms of natural gas pricing in China, the national oil company as well as the country’s largest natural gas supplier, said at its Jan-Sept earnings conference Oct. 31…. PetroChina’s operating profit from its natural gas business rose around 24.5% year on year to Yuan 19.48 billion ($2.66 billion) in the first nine months of 2023, helped by the ongoing market-based reforms of natural gas pricing in China, the national oil company as well as the country’s largest natural gas supplier, said at its Jan-Sept earnings conference Oct. 31…. Read More