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On July 30, the state-owned China National Petroleum Corporation was in advance talks to purchase a 10% stake in the giant Khazzan natural gas field in Oman from BP, which owns 60% of the field. The deal could be worth $1.5 billion USD.

CNPC Possibly To Purchase $1.5 Billion Stake In Oman Gas Field

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On July 30, the state-owned China National Petroleum Corporation was in advance talks to purchase a 10% stake in the giant Khazzan natural gas field in Oman from BP, which owns 60% of the field. The deal could be worth $1.5 billion USD.

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