THE NEW CHINA'S PIPELINE COMPANY
XINHUANET- BEIJING, Dec. 9 -- China on Monday set up a new centrally-administered state-owned enterprise (SOE), the China Oil & Gas Piping Network Corporation.
The company will partly be responsible for the investment, construction and interconnection of main oil and gas pipelines to form a nationwide network, allowing to transport crude oil, refined oil and natural gas through the network, it said.
Aiming to forge an oil and gas market with effective transport through a unified pipeline network, the establishment of the central SOE is an important…
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