China, India to Bid for PetroKazakhstan

August 21, 2005

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China and India on Monday began the next major battle over Asian energy assets, as Chinese state oil firm CNPC launched a $4.18 billion bid for PetroKazakhstan and Indian state-run company ONGC immediately said it was preparing a counter-bid.

*For more on this story,

read the full Reuters article.

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China, India to Bid for PetroKazakhstan

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