PetroChina's oil and gas trade turnover up 5% in 2019

Published 16/01/2020, 06:05
© Reuters.  PetroChina's oil and gas trade turnover up 5% in 2019
0857
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SINGAPORE, Jan 16 (Reuters) -

* PetroChina Co Ltd 0857.HK , China's leading energy firm,

expanded its oil and gas trade in 2019, recording a rise of

nearly 5% from prior year to exceed 500 million tonnes oil

equivalent, according to a statement posted on the website of

parent firm China National Petroleum Co on Thursday.

* PetroChina International, better known as Chinaoil, the

trading

arm under the state-run PetroChina, achieved "significant"

growth in pre-tax profit last year, the report stated, without

providing any numbers.

* Exports of refined fuel hit a record of more than 18

million

tonnes, with first shipments of gasoline to Nigeria and India

and first diesel shipment in larger 90,000-tonne vessel to

Europe. * Natural gas imports, including pipeline gas and liquefied

natural gas shipped in tankers, exceeded 69 billion cubic

metres, the statement said, without giving a comparison to last

year's numbers.

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