China's NDRC issues draft rules opening access to oil, gas infrastructure

A vessel carrying liquified natural gas (LNG) cargo from Qatar approaches the new LNG terminal of China National Offshore Oil Corp (CNOOC) in Shenzhen, Guangdong province, China August 1, 2018. Picture taken August 1, 2018. China Daily via REUTERS - Copyright CHINA DAILY(Reuters)

By Reuters

Published on 03/08/2018 - 06:34•Updated 16/04/2024 - 13:33

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BEIJING (Reuters) - China's state planner issued new draft rules on Friday to give private investors access to the country's oil and gas infrastructure including crude oil pipelines, gas pipelines, liquefied natural gas terminals and underground gas storage.

The new draft rules followed requests from the country's energy operators, especially in natural gas, that asked for equal access to natural gas pipelines and interconnection of the pipes, the National Development and Reform Commission said.