Facebook Twitter 新浪微博 google plus Instagram YouTube Thursday 24 September 2015
Search
Archive
English
English>>China Society

China may Set up National Oil, Gas Pipeline Companies

(CRI Online)    22:44, September 24, 2015
Email|Print

China is expected to split off its oil and natural gas pipelines from state-owned oil giants.[Photo:Chinanews.com]

Media reports say China will split off its oil and natural gas pipelines from state-owned oil giants.

Insiders believe the spin-off of oil and gas pipelines would help break the monopoly in the sector by integrating the operation of state-owned oil companies and reinforcing competitiveness of the industry.

It's said that further private capital will be sought, with fully state-owned companies and private firms both enjoying space in the sector.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Ma Xiaochun,Bianji)

Add your comment

Related reading

We Recommend

Most Viewed

Day|Week

Key Words