Global Markets

Inner Mongolia shines light on CNPC supply spat

CNPC wants to cut gas supply to Inner Mongolia and hike prices paid by the region’s main distributors in a move prompted by a pricing dispute dating back to 2015 CNPC wants to cut gas supply to Inner Mongolia and hike prices paid by the region’s main distributors in a move prompted by a pricing dispute dating back to 2015.
By Tang Tian 9 May 2018 0 30774
The Changqing oilfield in the Ordos Basin The Changqing oilfield in the Ordos Basin. (PetroChina)

A simmering dispute between China National Petroleum Corp. (CNPC) and the sprawling autonomous region of Inner Mongolia has spilled into the open after local authorities went public and escalated the spat to Beijing.

CNPC has made unrealistic demands on Western Gas and Newshine Gas – Inner Mongolia’s top two gas distributors – in retaliation for a pricing dispute dating back nearly three years, the region’s Economic and Information Technology Commission said in a report last month that...