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PetroChina pipeline divestment update

 

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World ßÏÀÖÔ°,

PetroChina is discussing selling a stake in domestic gas ßÏÀÖÔ° worth an estimated US$47 billion, according to reports.

PetroChina produces two-thirds of China's natural gas and controls nearly 80% of the country's 90 000 km of gas ßÏÀÖÔ°.

Beijing is expected to announce a reform package in the coming weeks that targets its vast energy sector, part of a broader restructuring drive to boost efficiency and bring in private investment.

The ßÏÀÖÔ° for sale include three trunklines running from the country's far west to its eastern and southern shores.

Edited from various sources by

³§´Ç³Ü°ù³¦±ð²õ:Ìý,ÌýSouth China Morning Post