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China will open its oil and gas.........>

CHINA PRESS
CHINA PRESS: China will open its oil and gas assets to exploration and
exploitation by domestic and foreign enterprises, the Securities Daily reports.
Citing a document from the Ministry of Natural Resources, the Daily reports that
companies registered in China with net assets of at least CNY300 million are
eligible to participate in the energy markets. Relaxing the market in this way
could challenge the three big state-owned oil giants PetroChina, Sinopec and
CNOOC, the newspaper said. 

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