China state firm in preliminary deal to buy Chevron's Bangladesh gas fields

China state firm in preliminary deal to buy Chevron's Bangladesh gas fields

The logo of Dow Jones Industrial Average stock market index listed company Chevron (CVX) is seen in Los Angeles, California, United States, April 12, 2016. REUTERS/Lucy Nicholson

China’s state-run Zhenhua Oil has signed a preliminary deal with Chevron to buy the U.S. oil major’s natural gas fields in Bangladesh that are worth about $2 billion, two Beijing-based Chinese oil executives said.

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