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Head of new China M&A firm riffs on history and oil's future

CEFC China Energy's Ye Jianming says it is eyeing natural gas, used most in future electricity generation


WHILE there's a risk of crude sliding below US$30 as demand is displaced by alternative energy, it will still be needed for making petrochemicals, said the head of the enigmatic Chinese company that last month bought a US$9 billion stake in Rosneft Oil Co.

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