Three oil companies will lift the surge in capital injections or AH shares 390 billion in 4 quarters
Source: Internet
Author: User
KeywordsLard
In the first half of this year, China's three lard group overseas purchase and the amount amounted to 82 billion yuan (RMB), as oil companies "go out" to the peak of the action, some analysts expect the three lard enterprises listed in the Hong Kong flagship PetroChina (00857), Sinopec (00386) and CNOOC (00883) in the fourth quarter will be a surge of capital injection , it is possible to "pump" as much as $50 billion (about HK $390 billion) in the AH unit and the bond market. Data show that in the first half of 09 alone, China's acquisition of oil and gas resources has surged to about 82 billion yuan, an increase of 80% over a year earlier, taking into account the $ one trillion in Angola's 32-block 20% equity deal, which was just reached last week by Cnooc Sinopec, which has only nearly 9.5 billion months to lard, The potential agreement amounts to more than 22.6 billion dollars, which does not include projects obtained through winning bids and other means, which has brought the "go-out" boom of China's oil companies to another peak. Earlier, Zhou Feng, a researcher at the National Development and Reform Commission Energy Research Institute, said the financial crisis has made many enterprises financially difficult, coupled with the recent low price of oil resources, is the main reason for China's oil companies to speed up overseas mergers and acquisitions recently. Four-quarter or hair AH debt financing Hong Kong media reported that Mirae Asset Security Asia Energy research director Mr Kwan believes that the recent Chinese oil companies to speed up overseas acquisitions is definitely good for the three listed oil enterprises in Hong Kong, in view of the acquisition of new projects need a lot of money, I believe that the fourth quarter of this year, , the three lard shares will be issued in a share-exchange debt, or the H-share market, such as fund-raising, to the parent company to acquire overseas business, the total financing may be as high as 50 billion U.S. dollars, but he stressed that the scale of the financing is based on oil prices of 90 U.S. dollars per barrel, if the oil price is not up to 90 U.S. dollars, the overall size of the It is reported that close to the oil source to accept the query also admitted that the second half will be to the listed companies to inject overseas business, the parent company in the acquisition of overseas projects more advantages, if the project has the development of risk, but also by the parent company to take the first, all good before the market price into the listed companies. At the same time, Sinopec announced its results in March this year, also stressed that the acquisition of parent companies overseas assets. Oil prices are expected to see 90 dollars next year. Mr Kwan also expected that, given the limited supply of large oil-field ageing, the global economic upturn has increased demand, so the average oil price for the year 0 nine is $55 trillion, hovering between 75 dollars and 80 dollars at the end of the year, while the average oil price for 2010 has climbed to $75 and the end of the
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.