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Petro皇冠体育app to raise 100b yuan for major business in 2009

(Xinhua)
Updated: 2009-05-12 13:46

Jiang Jiemin, Chairman of Petro皇冠体育app Company Limited, said Tuesday that Petro皇冠体育app plans to raise 100 billion yuan ($14.71 billion) through debt financing in 2009 to support major strategic projects including oil exploration and development,oil refining and overseas business.

The financing plan is waiting for permission of the annual shareholders meeting held on Tuesday.