China: Sinopec sells 50% gas pipeline stake to China Life, SDIC unit

China: Sinopec sells 50% gas pipeline stake to China Life, SDIC unit

Photo: Reuters

China’s Sinopec said on Monday it had sold a 50-percent stake in its key Sichuan-East China gas pipeline to China Life Insurance and SDIC’s transportation unit for 22.8 billion yuan ($3.3 billion).

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