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Message: Re: PetroChina Plans $60 Billion of Overseas Expansion

WOW!!!

Great China money toward Canada NG!!

Beijing-based PetroChina spent almost $7 billion in the last year to buy refineries and reserves in Australia, Canada, Singapore and Central Asia. The expansion pits PetroChina against Irving, Texas-based Exxon, which agreed to pay about $30 billion for U.S. gas producer XTO Energy Inc. in December.

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