PetroChina Sells Gas Pipeline Stake Kunlun for $2.9 Billion

PetroChina Sells Gas Pipeline Stake Kunlun for $2.9 Billion

Qilai Shen/Bloomberg

PetroChina Co. , the nation’s largest oil and gas producer, has agreed to sell its stake in a natural gas pipeline operator to a Hong Kong-listed subsidiary for 18.9 billion yuan ($2.9 billion).