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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Tomas who wrote (46859)6/24/1999 12:17:00 PM
From: Think4Yourself  Read Replies (1) of 95453
 
It seems pretty bullish that all of China's overseas projects have flopped except one 150KBPD field. Bet it is ALL for internal consumption, given that they renegged on their export agreement with Japan earlier this year.

"Industry sources said the only project CNPC was proud of was Sudan, where CNPC owns 40 percent of a 150,000 bpd oilfield expected to begin exporting at the end of June, sources said."
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