SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of December 2005
PETROCHINA COMPANY LIMITED
16 ANDELU, DONGCHENG DISTRICT
BEIJING, THE PEOPLE'S REPUBLIC OF CHINA, 100011
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes No X
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(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- )
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PetroChina Company Limited (the "Registrant") is furnishing under the cover
of Form 6-K, the Registrant's announcement with respect to its potential
acquisition of certain overseas assets from one of its affiliates.
The Stock Exchange of Hong Kong Limited takes no responsibility for the contents
of this announcement, makes no representation as to its accuracy or completeness
and expressly disclaims any liability whatsoever for any loss howsoever arising
from or reliance upon the whole or any part of the contents of this
announcement.
("PETROCHINA LOGO")
("CHINESE CHARACTERS")
PETROCHINA COMPANY LIMITED*
(a joint stock company incorporated in
the People's Republic of China with limited liability)
(STOCK CODE: 0857)
ANNOUNCEMENT
This announcement is made at the request of The Stock Exchange of Hong Kong
Limited.
The board of directors (the "BOARD") of PetroChina Company Limited (the
"COMPANY") has noted recent press comments and confirms that Zhong You Kan Tan
Kai Fa Company Limited ("NEWCO"), a 50:50 joint venture between the Company and
China National Oil and Gas Exploration and Development Corporation ("CNODC", a
subsidiary of the Company's parent company, China National Petroleum
Corporation) and a subsidiary of the Company, is currently actively considering
exercising the priority right granted to it by CNODC to acquire certain non-PRC
assets held by CNODC or its subsidiaries, in respect of CNODC's interest in
PetroKazakhstan Inc. which was recently acquired by it. The Company's
acquisition of its interest in Newco was announced on 10 June 2005 and fuller
details of this acquisition (including details of Newco's priority right) were
included in the circular to the Company's shareholders dated 30 June 2005 in
connection with the acquisition.
The Company has approached CNODC to discuss the possible acquisition of its
interests in PetroKazakhstan Inc. However, no formal decision has been reached
by the Board and any such acquisition is subject to, amongst other things,
decisions relating to the structure, size, timing and terms of the acquisition,
conclusion of negotiations with CNODC, satisfactory completion of due diligence,
the signing of definitive agreements and the requirements under relevant laws
and regulations. If the acquisition proceeds, the Company will comply with all
applicable Listing Rule requirements.
In the meantime, investors should exercise caution in dealing in securities of
the Company.
By Order of the Board
PETROCHINA COMPANY LIMITED
Li Huaiqi
Secretary to the Board
Beijing, PRC, 15 December 2005
As at the date of this announcement, our Chairman is Mr Chen Geng; our Vice
Chairman is Mr Jiang Jiemin; our Executive Directors are Messrs Su Shulin and
Duan Wende; our Non-executive Directors are Messrs Zheng Hu, Zhou Jiping, Wang
Yilin, Zeng Yukang, Gong Huazhang and Jiang Fan; and our Independent
Non-executive Directors are Messrs Chee-Chen Tung, Liu Hongru and Franco
Bernabe.
* For identification purpose only.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
PetroChina Company Limited
Dated: December 16, 2005 By: /s/ Li Huaiqi
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Name: Li Huaiqi
Title: Company Secretary