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CNPC crude output seen lower in 2009 as demand weakens
(Agencies)
Updated: 2009-03-08 13:48 Chinese oil giant CNPC, parent of PetroChina, expects its crude output this year to fall below 2008 level due to weakening demand, a company executive said on Saturday. "Now the demand is lower than last year, it's natural to have lower output," Yu Baocai, CNPC's vice-president, told reporters. (For more biz stories, please visit Industries)
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