October 23, 2009 / 8:31 AM / in 8 years

RPT-FACTBOX-China's Top-10 overseas oil and gas deals in 2009

 Oct 23 (Reuters) - Chinese oil firms, tasked with securing energy supplies to fuel the world’s fastest-growing major economy, are finding it tough to search for new oil reserves, especially in western countries that have been largely off-limits due to protectionist sentiment.
 (For a related ANALYSIS, click [ID:nHKG271859])
 Following are the Top-10 acquisitions by Chinese companies in the oil and gas sector so far in 2009. (billions of US dollars) RANK VALUE ACQUIRER                         TARGET     
                    STATUS  1.  7.15  Sinopec Group (600028.SS)        Addax Petroleum Corp                    Completed  2.  3.30  China National Petroleum Corp    OAO MangistauMunaiGaz                     Pending  3.  1.73  PetroChina Intl Invest Co Ltd    Athabasca Oil Sands (assets)              Pending  4.  1.30  CNOOC, Sinopec Group             Block 32 Offshore, Angola                 Pending  5.  0.93  China Investment Corp            KazMunaiGas Expl & Prodn JSC            Completed  6.  0.87  Sinochem Resources UK Ltd        Emerald Energy PLC EMEN.BE              Pending  7.  0.41  Petrochina (0857.HK)             South Oil E&D Co Ltd                      Pending  8.  0.31  CNOOC                            Talisman Energy Inc (gas assets) TLM.TO Pending  9.  0.27  Xinjiang Guanghui Ind Co Ltd     Xinjiang Guanghui New Energy              Pending
        (600256.SS) 10.  0.13  XinAo Gas Holdings Ltd (2688.HK) XinAo Gas Holdings Ltd                   Intended  Source: Thomson Reuters  (Reporting by Sui-Lee Wee, Compiled by Gillian Murdoch; Editing by Ian Geoghegan)    

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