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

  • 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

TOP PICKS

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

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.