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Accelerated to break the monopoly of independent public oil intends to integrate

Domestic media recently learned that petrochina is preparing to plan, its natural gas pipeline business integration and independent public, and greatly reduce the related ownership, let others into the field of natural gas pipeline. Petrochina last month was eager to this kind of integration for listing, cut gas prices this week, the national development and reform commission accelerates the pace of the planning.

Petrochina is the largest pipeline in China, control the 77000 - kilometer - long oil, steam pipe length followed by far has more than 30000 km pipeline of sinopec. As an important subject of reform of oil and gas, and oil in the reform process. Bloomberg has reported this may, the Chinese government consider sinopec and petrochina's oil and gas pipeline business independently, clear the way for the reform of the industry. Overseas institutions analysts have estimated that this kind of business assets worth up to $30 billion.

 

"21st century business herald today, people familiar with the matter said yesterday:" actually, petrochina is now ready to plan, the future hope to natural gas pipeline to restructure, and independent public. Once listed, petrochina shares in natural gas will be greatly reduced. This pipeline monopoly is broken."

 

According to the insiders, this time with petrochina had very different equity cooperation with companies such as baosteel, the petrochina "shares will be greatly reduced, let the other enterprises in this field." In addition to bear great pressure because monopoly, petrochina listed decision stems mainly from the international price of natural gas is very low, this is one of the few profit, together with the national development and reform commission notice on Wednesday lowered gas prices, accelerates the pace of restructuring listed in oil.

 

"21st century business herald reported, this year in August after knew that domestic gas prices could fall by oil, since October this year the company will be natural gas pipeline restructuring listed hope is very urgent. The above person said: "they contact investment Banks actively on one hand, on the one hand stake in consultation with such as baosteel, at the same time in the internal pipeline assets restructuring."

 

Oil executives said in the above message, is not convenient to respond to this issue: "everybody knew in the future."

 

On November 18 Japan on Wednesday, the national development and reform commission notice, will be per cubic meter of non-resident for reducing gas door standing highest price 0.7 yuan, November 20, on this day, and to further improve the price of natural gas market. On Wall Street see choose a treasure evening featured mentioned, the personage inside course of study thinks, a move that will greatly reduce the cost of QiTou fertilizer producers, and is beneficial to stimulate the gas consumption, good LNG and CNG LPG stations downstream industry.