Date
17 October 2017

Plan to break China fuel pipeline monopolies, Xinhua says

China’s National Energy Administration (NEA) has unveiled a plan to open up the country’s oil and gas pipelines in a bid to boost the facilities’ efficiency, Xinhua news agency reported Monday. Under the plan, pipeline operators will be encouraged to open their facilities to each other and to users, including fuel producers, refiners, sellers and other industrial users, when pipelines have extra capacity. The operators are supposed to provide services including transport, storage, gasification, liquefaction and compression of crude oil, product oil and natural gas, at a price agreed upon by the two sides. The plan involves both onshore and offshore pipelines, the report said.

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