China's Oil Ties with Developing Countries Further Strengthened

For Petroliam Nasiona1 Bhd (Petronas),Malaysia's nationa1 petroleum corporation, China is a strategically important partner for growth as it expands into the country's energy market.Established in August 1974, Petronas is vested with all of Malaysia's oil and gas resources and is entrusted with the responsibility of developing and adding value to these resources.