PetroChina Shuts Two Fertilizer Units on Gas Shortage

(Bloomberg) — PetroChina Co., the country

China boosted gas production and imports last month as snowstorms increased demand for heating fuels at a time when government economic stimulus spurred industrial consumption of gas, used to run power, chemical and fertilizer plants. Winter demand this year will exceed supply by more than 1 billion cubic meters, the official Xinhua News Agency said on Nov. 23.

The stoppage of the fertilizer units has cut PetroChina