An engineer on a bicycle checking pipelines at an oil refinery of China National Petroleum Corp (CNPC), in Lanzhou, Gansu province on April 21, 2008. Photo: Reuters

China combines three oil pipeline networks into a single operator in much-anticipated merger to improve efficiency in state sector

Name: SCMP
Telephone: +852-2680-8888

The National Oil and Gas Pipeline Network Group would operate the pipelines owned by CNOOC limited, China National Petroleum Corp and Sinopec Group
The merged company would own 500 billion yuan in combined assets, and be responsible for managing a pipeline network that’s expected to expand by 80 per cent to 240,000 kilometres by 2025

Topic | Energy

Louise Moon

Published: 3:16pm, 9 Dec, 2019

Updated: 10:37pm, 9 Dec, 2019

An engineer on a bicycle checking pipelines at an oil refinery of China National Petroleum Corp (CNPC), in Lanzhou, Gansu province on April 21, 2008. Photo: Reuters

READ FULL ARTICLE

Louise Moon

Louise Moon joined the Post in 2017 and is a reporter on the Business desk. She has a master's in Mandarin from Edinburgh University and a master's in journalism from City University, London. Originally from the UK, she spent her teenage years growing up in Hong Kong which sparked her interest in China.