PetroChina Parent First-Half Sales Rise 39%, Business News Says

By Winnie Zhu

Aug. 4 (Bloomberg) -- China National Petroleum Corp.'s sales rose 39 percent as output gained in the first six months, China Business News said, citing an unnamed company official.

Revenue rose to a record 658.2 billion yuan ($96.2 billion), the newspaper said. China National boosted crude oil output to more than 54 million metric tons and natural gas output to over 30 billion cubic meters, it said.

Spokesman Liu Weijiang wasn't immediately available to comment on the newspaper report when contacted by Bloomberg News. China National, the nation's largest oil company, is the parent of Hong Kong-listed PetroChina Co.

To contact the reporter on the story: Winnie Zhu in Shanghai at wzhu4@bloomberg.net;