Policy & Regulation

Chinese reforms to revitalise gas sector – Deloitte

Reforms could revitalise China’s upstream sector and put diversified players on a near-equal footing with the country’s NOCs, Deloitte has said.
By Staff reporter 11 July 2018 0 31698

Reforms could revitalise China’s upstream oil and gas sector and potentially put diversified players on a near-equal footing with the country’s three NOCs, Deloitte said in a report last week.

“Already, the state monopoly on exploration and development is loosening,” said Christopher Roberge, leader of Deloitte’s China oil, gas and chemicals sector.