CHINA'S GAS DEMAND UP
The World Bank's private lending arm is targeting investments in natural gas companies in China, the largest growing market for the fuel.
The International Finance Corp. is investing $150 million in gas distribution company China Tian Lun Gas Holdings about two weeks after announcing a $300 million debt-financing deal for China Gas Holdings. Tian Lun Gas shares jumped the most on record. The IFC will probably invest in two to three other gas distributors in the nation in the "medium term," according to Lance Crist, the IFC's global head of oil and gas in Washington.
Chinese gas demand will more than triple from…
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