China Petroleum and Chemical Crop (Sinopec) looks to boost its ability to dominate the natural gas arena with the looming acquisition of China's fourth largest domestic oil company and a potential investment in the country's major gas highway currently under construction.rnA spokesman for Sinopec recently revealed that the company is studying the possibility of purchasing equity in the US$4.6 billion west-east gas pipeline that will transport natural gas from gas fields in Northwest China to metropolitan centres in the east. The spokesman did not say how much Sinopec would invest in the 4,000-kilometre pipeline.
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