PetroChina has no plan to buy extra Russian fuel at discount: CFO

State oil producer says Moscow sanctions affecting dollar and euro payments

20220506N PetroChina

PetroChina says it does not plan to snap up cheap Russian oil. © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- PetroChina has no plan to buy additional oil and gas at cut-rate prices from Russia, the energy producer said Friday, signaling a different path from Indian peers reportedly ramping up Russian energy imports.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.