PetroChina Says Middle East Output Has Recovered To 90% Of Prewar Level

PetroChina (0857) said its Middle East production has recovered to 90% of prewar levels, after the company prepared contingency plans last year to safeguard the stability of its industrial and supply chains, according to Ming Pao. PetroChina President Ren Lixin said at the company's interim results briefing that the group was able to respond more calmly to changes in the situation and the impact of the war in the first half of this year.