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CNPC FOCUSES ON EXPANDING MAIN OPERATIONS

AsiaInfo Services, October, 2005

AsiaInfo Services 10-11-2005 CNPC Focuses on Expanding Main Operations CHINA, Oct 11, 2005 (SinoCast via COMTEX) -- China National Petroleum Corp. (CNPC) pours more than 97% of the total investment in its main businesses, revealed insiders recently. As the country's largest producer and supplier of crude oil and natural gas, CNPC is engaged in a broad range of activities related to petroleum and natural gas, including exploration, development and production of crude oil and natural gas, refining, transportation, storage and marketing of crude oil and oil products. CNPC has achieved great success both on domestic and international markets. On one hand, the group will finish constructing nearly 430 kilometers crude oil and oil product pipelines in Gansu Province...

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