China National Pipeline Company To Further Extend China's Positive Gas Story

摘要

China is following through with plans to form a new state-owned pipeline company, as part of a broader midstream reform. The creation of the China Pipelines Corporation will boost competition in the historically SOE-dominated domestic midstream and lower gas prices for end-users. China’s status as the world’s largest and fastest growing gas market will continue to be a positive, attracting more private and foreign investments.