China unconventional focus a solid choice

摘要

Singapore-The recent acquisition of a string of unconventional oil and gas assets, particu- larly in North America, by China's national oil companies are solid investment decisions as they give decent returns and also equip the Chinese oil majors with the technology they lack, analysts said January 4. "From an investment perspective, [it is economical] for those companies that have the financial resources [to invest in North American unconventional oil and gas assets]," said Zhang Liutong, a senior analyst with FACTS Global Energy in Singapore.