12th Dec 2008 14:52
RNS Number : 0652K
Samsung C&T Corporation
12 December 2008
News Reports on Development of Gas Field in China
[ Details]
Regarding news reports on Samsung C&T Corporation's participation in the development of the South-Sulige Block in the Ordos Basin of China, Samsung C&T Corporation, a part of a Korean consortium, is currently negotiating with Total S.A. of France and PetroChina Co. Ltd. of China on participation in the China South-Sulige gas field business and on business plans.
As of December 2008, no details have been settled yet.
There will be further announcements within six months as soon as specific decisions are made.
END
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