CNOOC sets up a fund for protecting marine environment

Source: China.org.cn

CNOOC, China's owner of oilfield which spilled about 700 barrels of oil in Bohai Bay, will establish nonprofit fund aimed at protection of marine environment. The company donated 500 million yuan as an initial amount for the fund; in future the funds will be provided through the CNOOC's subsidies, said the company.

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