The Reform and Regulation of China's Oil and Gas Pipeline Network
Article from: OGEL 5 (2019), in Pipelines
China has a large and expanding network of oil and gas pipelines over which the three major national oil companies (NOCs) dominate the ownership and operation. Together with the lack of an enforced third-party access regime, this has undermined the effective use of this infrastructure. In response, the government is undertaking a major reform of the domestic oil and gas pipeline network. This has two components: the enforcement of third-party access and the unbundling of the vertically integrated NOCs to create a state oil and gas pipeline company. The aims are to break the ...