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News Breaks | | | | March 6, 2013 | | 10:38 EDT |  | E, PTR | China's CNPC in talks with Eni for Mozambique stake, Bloomberg says
China National Petroleum Corp., or CNPC, is in talks to buy as much as a 20% stake in a gas project in Mozambique valued at as much as $4B from Eni (ENI), according to Bloomberg, citing people with knowledge of the matter. CNPC is China's biggest oil company and the parent of publicly-listed PetroChina (PTR), the report noted. Reference Link | |
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