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To: Dennis Roth who wrote (184747)	8/18/2014 5:12:58 PM
From: Dennis Roth	1 Recommendation of 206108

PetroChina reviews multi-billion-dollar push to produce LNG used in transport -sources By Chen Aizhu Mon Aug 18, 2014 4:29pm IST in.reuters.com Aug 18 (Reuters) - China's biggest energy firm PetroChina is reviewing its multi-billion-dollar push to produce liquefied natural gas (LNG) to fuel trucks and ships in place of diesel, shutting two major gas liquefaction plants, sources said. Seen just a year ago as a fast-growing profit engine, PetroChina unit Kunlun Energy Co Ltd is now reconsidering its investment in the niche business after being wrongfooted by rising costs and China's slower economic growth, two sources with direct knowledge of the situation said... --- Kunlun Energy (0135.HK) Downgrading Again; LNG Business Model Under Threat and Rising Losses Are Expected. E&P Is Also Headed Down 1 July 2014 ¦ 12 pages ir.citi.com

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