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PETROCHINA Ensures Oil & Gas Production Reaches Stable Level of 90%+ amid Grim Mideast Situation
2026-03-30 17:25:40 PETROCHINA (00857.HK) Chairman Dai Houliang addressed the impact of the Middle East situation on the company at the earnings conference. He revealed that the company's operations are now generally normal, with oil and gas pipeline transportation primarily sourced from non-Middle East regions. Despite the unfavorable situation in the Middle East, the company ensures that its oil and gas production reaches a stable level of over 90%, effectively diversifying risks through multiple raw material sources. In terms of technological innovation, Dai underscored that the company's investment in technology has borne fruits, with breakthroughs in product high-end development, avoiding price competition with low-end products. Innovation capability will be a key driver for the company's future development. ~ AASTOCKS Financial News Website: www.aastocks.com | |