Date
16 October 2017

NEA seeks to open up pipeline assets, paper says

The National Energy Administration (NEA) said in a draft policy document that oil and gas operators should adopt a non-discriminatory approach and open up their pipeline assets for third-party use, the 21st Century Business Herald reported Monday. An unnamed senior executive of a power company was quoted as saying that the proposal is technically feasible, but a lot of details will need to be ironed out. Meanwhile, some analysts expressed doubts over the success of the new proposal. As energy pipeline distribution across China is not sophisticated, existing operators can easily refuse to cooperate by citing insufficient capacity, the analysts said. The NEA is soliciting opinions on the proposal from several dozen industry operators, the report said.

– Contact HKEJ at [email protected]

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