Letter from China: Pipeline reform heats up
The signs are positive that Beijing is getting serious about opening up its gas network
A lull in China’s pipeline reform activity since the launch of a new national pipeline company seven months ago looks set to end in the second half of this year, as a steady flow of reports in Chinese media suggests work is picking up. A standalone operating firm, China Oil & Gas Pipeline Network Corporation (PipeChina), had been years in the making by the time Beijing formally inaugurated it last December. A combination of the winter heating season—the busiest time of the year for China’s gas market—and then the Covid-19 pandemic put further progress on the backburner. But, after a quiet few months, pipeline reform appears to be back on the agenda, and the newsflow suggests a rollout co

Also in this section
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference