Fortune Oil said its revenues including share of jointly controlled entities increased by 12.9 per cent to £338.8 million in fist half of 2012 (H1 2011: £300.1 million).
FINANCIAL HIGHLIGHTS
OPERATIONAL HIGHLIGHTS
Mr Qian Benyuan, Chairman of Fortune Oil, commented:
“I am delighted to report that Fortune Oil has continued to make excellent progress in the first half of 2012 building on the record performance achieved in 2011. Our natural gas business is making good progress and is on track to become the growth engine of the Company.
“The combination of our portfolio of assets, strong local relationships and geographical footprint in China, the world’s largest energy consumer, will enable Fortune Oil to continue to build on this track record in the second half of the year, increasing our market share in China, and delivering shareholder value.”
[mappress] LNG World News Staff, August 23, 2012