China Lifts Restrictions on Some Foreign Oil & Gas Investments, an Industrial Info Market Brief
China Lifts Restrictions on Some Foreign Oil & Gas Investments, an Industrial Info Market Brief
China will remove restrictions on foreign investments for the Oil & Gas exploiting and survey sector after July 30, according to the National Development and Reform Commission (NDRC) and the Ministry of Commerce of China.
This is an important milestone in China's oil and gas system reformation, which indicates that the upstream oil and gas sector will be fully opened to foreign and private investments shortly.
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