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Huge merger plans of pipeline network in China
June 15, 2018
Source: RT

Huge merger plans of pipeline network in China

The Chinese regulators are looking forward to announcing before the coming winter the decision to merge the oil and gas pipeline assets of three of its state-held energy giants- CNPC, CNOOC, and Sinopec, estimated to be worth around $78 billion. The three companies combined own 66,000 kms of the 70,000 kms-long gas pipeline network. This would allow third-party access to the pipelines and pollution control by a large margin.

   Read More About : China CNPC Midstream Crude Supply
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