皇冠体育app

CHINA> National
皇冠体育app nods CNPC purchase in Japan's refiner
By Hou Lei (chinadaily.com.cn)
Updated: 2009-07-10 19:21

The National Development and Reform Commission (NDRC), the country's top economic planner, has approved Petrochina International's (CHINAOIL) purchase of a 49% stake in Japan's Nippon Oil Corp's refinery in Osaka, the commission's website said.

Related readings:
皇冠体育app nods CNPC purchase in Japan's refiner Sinopec to buy Addax for $7.3b
皇冠体育app nods CNPC purchase in Japan's refiner GM says Chinese company bidding for Opel
皇冠体育app nods CNPC purchase in Japan's refiner Plan to buy Hummer still being vetted
皇冠体育app nods CNPC purchase in Japan's refiner Fiat signs joint venture with 皇冠体育app's Guangzhou Auto

CHINAOIL is a subsidiary of the 皇冠体育app National Petroleum Corp (CNPC).

The NDRC said in its announcement that the purchase was approved in June.

Nippon Oil Corp is Japan's largest crude oil importer and oil refining company.