March 1, 2017 / 5:50 PM / 6 months ago

BRIEF-Primeline Energy Holdings resolves Zhejiang Gas dispute

March 1 (Reuters) - Primeline Energy Holdings Inc :

* Says settlement of dispute with Zhejiang Natural Gas Development Company in relation to gas sales contract for LS36-1

* Under settlement agreement, co will receive approximately RMB 256 million net of VAT

* Settlement does not affect or halt previously announced ongoing arbitration against CNOOC, CCL under petroleum contract Source text for Eikon: Further company coverage:

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