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CNPC Welcome Messages

August 30, 2005 Bloomberg

China National Petroleum Corp. received congratulatory messages from senior Kazakh officials for its plan to buy PetroKazakhstan, signaling eventual completion of the deal, the Asian Wall Street Journal said.

Congratulatory messages were offered by the officials, who are "of the rank of minister and higher," the report said, citing a CNPC spokesman it did not identify.

Government approval of the Chinese offer would dim the chances of a bid backed by India's Oil & Natural Gas Corp., the newspaper said.

Company — PetroKazakhstan
  • Full name
    PetroKazakhstan Inc.
  • Industry
    Oil and gas