PetroChina Signs 2025 Derivatives Deal with CNPC Finance

PetroChina Company (HK:0857) has released an update.

PetroChina Company Limited has entered into a new 2025 Derivatives Framework Agreement with CNPC Finance, which will provide currency derivatives services throughout 2025. This agreement, categorized as a continuing connected transaction under HKEx Listing Rules, ensures the Group can access financial tools like forward settlements and currency swaps on favorable terms. The pricing will be guided by government standards or market prices, ensuring competitive rates compared to independent third-party financial institutions.

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