China to see active overseas expansion of oil enterprises

Note: This section contains information in English only.
Source: China.org.cn

China's oil companies pursue sustainable growth and seek more active overseas expansion. Daqing Oilfield Co Ltd set 20 billion yuan revenue target generated from foreign operations by 2015 which is four times higher compared to this year figure. The company has its operations in 28 countries and sees expansion opportunities to Indonesia and Middle East, reported Wang Yongchun, the General Manager of DOCL.

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