A PetroChina oil field in Panjin, Liaoning province, China. Photo: ReutersA PetroChina oil field in Panjin, Liaoning province, China. Photo: Reuters
A PetroChina oil field in Panjin, Liaoning province, China. Photo: Reuters

Beijing’s latest policy shows strongest resolve yet to enlist private firms to enhance national energy security

  • The government’s recent directive is the strongest example yet of its resolve to mobilise entrepreneurs to help stem China’s record-high reliance on foreign oil and gas, say industry experts
  • But detailed follow-up policies, law changes and time will be required if clear results are to be seen

Topic |   Energy
A PetroChina oil field in Panjin, Liaoning province, China. Photo: ReutersA PetroChina oil field in Panjin, Liaoning province, China. Photo: Reuters
A PetroChina oil field in Panjin, Liaoning province, China. Photo: Reuters
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