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PetroChina hit by refining loss

By Wan Zhihong | China Daily | Updated: 2009-03-26 07:48

PetroChina hit by refining loss

Traffic moves past a PetroChina gas station in Hong Kong. Bloomberg News

PetroChina Co, the country's largest oil and gas producer, yesterday said its 2008 net profit fell 22 percent because of oil price volatility and widening refining losses.

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